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From Financial Integrity

Stop the Credit Catch 22

The growing trend of selling credit reports specifically designed for pre-employment screening is of concern to many Americans, especially with many consumers experiencing damaged credit due to high unemployment, the foreclosure crisis, and the lingering effects of predatory lending practices. The problem has been described as a Catch 22 - you've had trouble paying your bills because you lost your job, but now you can't get a job because you've had trouble paying your bills. Creditcatch22.org is an organization lobbying for change, with long list of high-profile partners joining its call to place restrictions on the use of credit reports for reasons other than granting credit, including employment.


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