Credit Checks as Part of the Hiring Process?

A recent study by the Society of Human Resource Management (SHRM) reveals that more employers are using credit checks as part of their hiring process. I personally have heard that some employers in the financial services industry do a background check to see if you are fiscally responsible, but it's apparently no longer limited to that industry: http://www.msnbc.msn.com/id/35512038/ns/business-eye_on_the_economy/.