financial issues

With all of the scams, identity theft and other nefarious activity going on these days more and more people are opting to freeze their credit to prevent unauthorized access or fraud. This is a conundrum for security clearance applicants or current holders when undergoing a background investigation because it will

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.

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

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