1/3/2011 Illinois Restrictions of Employment Credit Reports Effective Today

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Just a reminder to all who employ a workforce in the state of Illinois that restrictions on the use of employment credit reports take effect today, January 3, 2011.

The new law forbids employers from inquiring about an applicant or employee’s credit history or obtaining a copy of their credit report. The law does not affect an employer’s ability to conduct a thorough background investigation that does not contain a credit history or report.

HOWEVER READ BELOW

Under the new law, employers may access credit checks under limited circumstances, including positions that involve: bonding or security per state or federal law; unsupervised access to more than $2,500; signatory power over businesses assets of more than $100; management and control of the business; access to personal, financial or confidential information, trade secrets, or state or national security information.

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