Prohibits the use of student loan payment credit history checks to ascertain the payment status of a student loan of an applicant for employment.

Summary

If enacted, this bill would prohibit employers in New York from using credit history checks to reveal the payment status of an applicant's student loans during the hiring process. This applies to all employers, including mortgage lenders and financial institutions, and aims to prevent discrimination based on student loan repayment history. The bill does not affect lending or origination directly but impacts hiring practices for covered entities.