financial issues
Waiting for Delinquent Debts to Fall Off Credit Report is not a Good Tactic
Many clearance applicants who have delinquent debts, collections, or charges offs on their credit report believe that if they simply wait for the debts to fall off after seven years then all will be forgiven. Unfortunately, this rarely works because it is seen as a lack of responsibility and trustworthiness.
Blowing Off Debts or Taxes Will Cost You Your Security Career
As noted in previous articles and blog posts, it is well established that financial issues remain the number one reason for a security clearance denial. Why? Common sense and historical experience have shown that financial difficulties may increase temptation to commit illegal or unethical acts as a means of gaining
How NOT to Mitigate Financial Issues in a Security Clearance Case
In a previous post “Financial Issues Still the Biggest Reason for a Clearance Denial” I explained what the adjudicative guidelines stated regarding concerns about financial issues and ways for applicants to provide mitigation. Yet, it still seems almost every day we get comments or questions on the site from applicants
How to Mitigate Financial Difficulties Before You Apply for a Security Clearance
Here are some tips to mitigate financial difficulties before you apply for a security clearance or undergo a periodic reinvestigation: Research your financial history, get credit reports from multiple credit bureaus, and ensure you have a clear picture of all delinquent debts, past and present. This will help you when