Q & A Session: Finance Management & Security Clearances

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Q:

Can my finance management affect my security clearance?

A:

One of the Adjudicative Guidelines for Determining Eligibility for Access to Classified Information, Guideline F, is based on financial considerations. A short sale can have a negative impact on your FICO score. Thus, a short sale could be a factor in a security clearance adjudication, but does not necessarily mean you will lose your clearance. It depends on other factors, including a pattern of financial irresponsibility and avoidance of financial responsibilities. You should seek advice from an attorney and your security officer.

This response is written by Maria N. Coleman, associate attorney of Shaw Bransford & Roth P.C., a federal employment law firm.

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