I don't actually know whether bad credit is predictive for job performance, though the story for why it might be is easy to imagine.
I don't actually know whether bad credit is predictive for job performance, though the story for why it might be is easy to imagine.
This is incorrect.
http://www.siop.org/workplace/employment%20testing/testtypes...
http://mavweb.mnsu.edu/howard/Schmidt%20and%20Hunter%201998%...
http://geb.uni-giessen.de/geb/volltexte/2012/8532/pdf/prepri...
If a measure has such predictive power, it's not necessarily unethical to use it just because it also correlates with race.
This is true. While certainly ethical, it is still illegal in the US.
All of the OP's links mention them, just not by the lable IQ test.
Could it be that the people making the decisions here are making them based on the credit reporting agencies' marketing rather than concrete data?
Care to back that up?