The Impact of Delinquent Debt on Security Clearances
Amid growing unemployment, foreclosure and delinquency rates are spiking. We thought it would be a good time to revisit how a person’s personal financial situation can affect their security clearance.
A sampling of Defense Office of Hearing and Appeals (DOHA) security clearance hearings showed (in 2007, just when the recession was taking hold) that about 50% of clearance denials involved “Financial Considerations”
Since delinquent debt is by far the most common financial concern, we published several articles on this very topic entitled; The Impact of Delinquent Debt on Security Clearances, What To Do If You Have Delinquent Debt, Explaining Delinquent Debt on the SF-86, Delinquent Debt and Interim Clearance, as well as several blog posts.