New Puerto Rico Law Limits Employers’ Use of Credit Reports in Employment Decisions

Effective immediately, Puerto Rico’s “Act to Protect Employee’s Credit Information” prohibits employers from refusing to hire, dismissing, or otherwise discriminating against an employee or applicant because of the information in a credit report or on account of the employee’s credit history. The new law also prohibits employers from verifying or obtaining the credit history information or credit reports of an employee or applicant, with fines for violations ranging between $1,000 and $2,500. Certain exceptions do apply and employers are advised to ensure compliance with the Act, as well as the federal Fair Credit Reporting Act (FCCRA) and applicable state laws.

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Posted Under: International, Puerto Rico

Post By Ken Shafton (300 Posts)