New York City ban on credit reports for employment

Legislation passed by the NYC Council and signed into law by Mayor Bill Deblasio severely restricts NYC based employers from using CREDIT REPORTS or any credit related information when checking a job applicant. There are some exceptions – mostly involving applicants who are FINRA members or may become FINRA members. It also appears that employers, under this law cannot consider information related to civil suits, judgments or bankruptcies under the law.

https://www1.nyc.gov/assets/cchr/downloads/pdf/CreditHistory-InterpretiveGuide-LegalGuidance.pdf