“Troops with security clearances who have low credit scores or past-due bills could be at greater risk of having those clearances revoked, thanks to a change to the frequency at which background check officials look at financial data,” Military.com reports.
From the press release:
The Department of Defense (DoD) will now ‘continuously’ monitor the financial status of servicemembers with security clearances. This means that a past-due bill or an error on your credit report could jeopardize your clearance status.
Currently, background check reviews for clearance holders look at credit and financial data of clearance holders once every five to 10 years, the release says.
But a change directed by the White House earlier this year shifts the administration of background checks from the Office of Personnel Management (OPM) to the Pentagon, and with that comes the new automated monitoring plan, officials said.
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