Sentences with phrase «use of credit information»

Eleven states currently limit employers» use of credit information in employment: California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Nevada, Oregon, Vermont and Washington.

California is the most recent state to join those that restrict use of credit information for that purpose.

Insurer Use of Credit Information: What Colorado Consumers Need to Know Download a brochure or email us to request a copy in the mail.

You can check the Code of Conduct for Insurers» Use of Credit Information from the Insurance Bureau of Canada.

Insurer Use of Credit Information: What New Mexico's Consumers Need to Know Download a brochure or email us to request a copy in the mail.

Disclosure Statement: Use of Credit Information In connection with this application for insurance, the insurance company may review your credit report or obtain or use a credit based insurance score based on the information contained in that credit report.

Disclosure Statement: Use of Credit Information In connection with your application for insurance coverage, we may review and use information contained in your credit report to help determine your premium or your eligibility for coverage.

However, employers should approach the use of credit reports with caution and have policies and procedures in place to ensure that the use of credit information is both relevant and fair.

So far in 2010, data from the National Conference of State Legislatures show that lawmakers from 18 other states and the District of Columbia have introduced legislation that aims to limit the use of credit information in employment decisions.

The map shows states that have either enacted laws in recent years limiting the use of credit information in employment decisions or whose lawmakers have proposed similar legislation in 2010

Since 2007, four states — Hawaii, Washington, Oregon and Illinois — have enacted legislation limiting employers» use of credit information.

Some states have enacted laws to limit the use of credit information in the hiring process.

Disclosure Statement: Use of Credit Information In connection with this application for insurance, we may review your credit report or obtain or use a credit - based insurance score based on information contained in that credit report.

California does not technically prohibit the use of credit information, but Hageli says that «for all intents and purposes,» its use is banned because credit is not one of the factors listed in Proposition 103, the state law governing car insurance rates.

A small number of states prohibit the use of credit information by employers as a means for making hiring decisions.

The remaining states allow the use of credit information in employment decisions.

Of the 31 bills, 28 address restrictions or exemptions on the use of credit information in employment decisions.

Hawaii, Washington, Oregon and Illinois have been successful in enacting actual legislation limiting employers» use of credit information in hiring decisions.

It says lower - risk customers would pay higher premiums if regulators ban the use of credit information.

The industry defends the practice and insists that the use of credit information actually results in lower premiums for most policyholders.

This is the tenth report issued by the Arkansas Insurance Department as required by the Use of Credit Information in Personal Insurance Act.

Although the site is based on Texas auto and homeowners insurance rates, insurers who rely heavily on consumer credit information in one state tend to do so in all other states were use of credit information is permitted.

All companies must follow the Fair Credit Reporting Act and state laws that apply to the use of credit information.

A. Colorado enacted stringent consumer protection with regard to the use of credit information, including:

The PICIA, Personal Insurance Credit Information Act, requires insurance companies to limit the use of credit information when selling, rating or renewing auto or homeowners insurance.

In light of this law, Colorado employers should evaluate their current background screening procedures to ensure they will be in compliance regarding the use of credit information in employment decisions and the disclosure of that use to the employee.

Employers should always consult legal counsel regarding when and what information can be used in evaluating an applicant, as well as for assistance in setting up internal policies and procedures to ensure that the use of credit information is legal, relevant and fair.