A security clearance is hard to get and it can easily be revoked in an instant. Most of the time, you can lose a security clearance based on financial consideration. It can be helped though as there are ways to reduce the risk of losing your clearance if it’s based on finances. Check out the ways that you can do to keep your precious security clearance.
1. Pay your bills on time
Financial status is the top reason why security clearances are revoked or denied. It is important to stay on top of your bills to avoid any problem. You must remember that if there is a pending application for clearance, the authorities will dig up your background and it’s not impossible that they will see if you’re not responsible enough in paying your bills.
2. File and Pay Your Taxes
The background checks that are conducted are very thorough. Make sure that to file your taxes and pay it. If the department will see that there are some loopholes in your taxes, it’s going to be a big problem because it’s a big deal when you apply for a security clearance.
3. Always check your credit report
A credit report is probably the first thing that will be verified if you request a clearance. You have to be cautious because we know for a fact that mistakes happen and there could be some things indicated in your credit report that are not accurate.
4. Refrain from making piles of debts
Whether you are applying for a security clearance or not, it is important to live your life based on what you can afford. Your complete financial capability will be reviewed as well as the lifestyle you lead. Don’t go overboard with loans. It will be calculated as your debts.
Always make sure that your finances are straightened out if you want to get the security clearance needed to open up more opportunities.