financial issues

Much ado is made about credit reports and how they are used in background investigations. Many misnomers are being perpetuated out there, so here is a quick and easy guide as to what information an adjudicator is looking for on a credit report and what may generate a flag or

The government shutdown will surely affect many clearance holders and their ability to pay credit card bills, mortgages, or car loans. As we have noted this year and in years past, financial issues remain the top issue for clearance denials and revocations. Life events happen and the circumstances are taken

There is a common misperception among security clearance applicants regarding the requirement to disclose or resolve charged off debts. Many believe when creditors charge off a debt then they are no longer indebted. Not true! Here is a simple definition of the term: a charge-off is a debt that a

You would think that a person who won $100,000 in a lottery would use that money to pay off any outstanding debts and still have a little left over, right? A recent Defense Office of Hearing and Appeals (DOHA) case showed that is not necessarily the case. A contractor was