Bad Credit and Security Clearance?

[djsuperz]

What is the name of your state? TX

I was recently offered a job but it requires security clearance. I have a spotless record: no drugs, no felony offenses and this is my first time to apply for security clearance. Although i have bad credit, all of my large debts are paid off but they still remain on my credit report. I have a few small debts on my report but i'm in the process of paying them at this moment. Do i still have a chance of being granted security clearance?

[CdwJava]

Are your debts in collections? That could really cause problems.

If not, then it really depends on the nature of the position and the criteria/risk attached to the position.

- Carl

[djsuperz]

I'm doing the ESPQ SF86, national agency check as a contractor. I have paid off my large debts but they still are on my credit report, my credit report says that i have settled the amounts. I am currently making payments on 2 debts and they are combined under $600. So my total debt right now is $600. Does it also depend on what type of job i'm going to do? I will be doing a contract that supports the government for a staffing agency. In otherwords the government doesnt pay my check another corporation does. Since this isnt an official government/military job will my bad credit matter as much?

[JETX]

Originally Posted by djsuperz

Since this isnt an official government/military job will my bad credit matter as much?

No one can answer your questions, as they are not LEGAL... but more of a policy one.... dependent on the policy of the potential employer and the involved government agency.