financial issues
Changes Coming for Medical Bills on Credit Reports
Historically, the credit bureaus have always included medical billing debts reported by creditors as being delinquent. These are usually reflected as a medical bill collection by whichever company the medical services use for their collection efforts. Oftentimes, the person for whom the credit report was run on is not even
Reporting Delinquent Financial Accounts is Required
Security Executive Agent Directive (SEAD) 3 establishes reporting requirements for all security clearance holders. Among the various categories of reporting is a section called financial anomalies. Clearance holders are required to report bankruptcies, wage garnishments, debts that are more than 120 days past due (no matter the amount), and unusual
The Way to vs the Way Not to Address Financial Delinquencies
For some, life events happen, they get down on their luck, and they eventually fall into the hole financially. Adjudicators and appeals judges are fully aware of this and take these factors into consideration when determining whether to grant clearance eligibility. You don’t need to pay all of the debt
If Only I Had Told the Truth
As many on this site have said for security clearance applicants, it is better to tell all then try to hide stuff and hope no one finds out. Many times, the information you are trying to hide can be mitigated, but the fact that you lied about it can’t. That