Council Considers Ban of Credit Checks on Job Applicants

The New York City Council is set to debate a measure that would stop employers from doing credit checks on job applicants.

Councilman Brad Lander said credit reports weren't designed to be a hiring tool, and they're not a good indicator of whether a person will be a good worker.

Large retailers, however, have argued that credit checks are a useful tool in vetting executives and managers.

The Stop Credit Discrimination in Employment Act is the latest piece of pro-labor legislation to emerge from the Council.

Last month, the Council approved a law to require paid sick days for most workers and banned employment discrimination against jobless people.