- 33% of working age women, compared to 25% of working age men, faced medical bills that caused them to take out a mortgage on their home or take on credit card debt.
Losing Ground: Unwarranted Credit Checks Create Barriers to Employment for Women
- 62% of personal bankruptcies were linked to medical expenses (80% of those had health insurance). More than half of those bankruptcies were filed by women-headed households.
Seeing Red: The Growing Burden of Medical Bills and Debt Faced by U.S. Families
- Overall, 20% of consumers disputed errors and had modifications made to at least one credit report. In many cases, the change to the credit report had no effect on credit score; 13% of consumers experienced a change in score due to their dispute.
Federal Trade Commission – Accuracy of Information in Credit Reports
- Three U.S. credit reporting agencies account for 96% of consumer complaints. (Transunion, Equifax, Experian)
U.S. PIRG – Big Credit Bureaus, Big Mistakes
Eliminate credit checks for public and/or private sector jobs
- Eliminate credit checks for jobs based on job category and/or pay
- Eliminate credit checks until after the first interview.
- Eliminate credit checks until a conditional job offer is made