CHICAGO (AP) — People with bad credit will have one less thing to worry about when they're looking for a new job.
Gov. Pat Quinn signed a new law Tuesday that prohibits employers from using a person's credit history when it comes to getting a job.
However, one of the bill's sponsors says there are exceptions to the new law, including people who work in banking and insurance because they have access to confidential financial information. There are other exceptions as well.
Quinn says the bill aims to prevent employers from discriminating against would-be workers because they have bad credit in a tough economy.
Supporters of the bill say the unemployed are trapped in a cycle where they can't pay their bills without a job but can't get a job because they have bad credit.
Copyright 2010 The Associated Press.
Gov. Pat Quinn signed a new law Tuesday that prohibits employers from using a person's credit history when it comes to getting a job.
However, one of the bill's sponsors says there are exceptions to the new law, including people who work in banking and insurance because they have access to confidential financial information. There are other exceptions as well.
Quinn says the bill aims to prevent employers from discriminating against would-be workers because they have bad credit in a tough economy.
Supporters of the bill say the unemployed are trapped in a cycle where they can't pay their bills without a job but can't get a job because they have bad credit.
Copyright 2010 The Associated Press.
