How long after a credit check is conducted by the hiring agency can I expect to receive an EOD? Also if I have no issues with my credit other than too much credit and everything has been paid as agreed, so how does that impact me getting a secret or top secret clearance. Much of my credit debt is student loans. Do I have to worry that I won’t qualify for a interim clearance or will be denied? My credit score according to equifax is 605. Any information will be appreciated.
Do you mean “too much debt?” If you are up to date on all payments that is a big plus. When you say “paid as agreed” does that mean there was some kind debt settlement? That might be a concern. In any case, the main concern is that your current financial situation is under control and you are not piling on lots of new debt.
You’re not applying for a loan, so your credit score is irrelevant.
timelines are different for everyone and the credit inquiry is not necessarily a way to gauge your timeline.
I am not sure what you mean by “too much credit” - as this generally means you have access to a large amount of unused funds (such as a credit card or line of credit with a 20K available balance and you have used like $1K - for all reading, this is just a wild example). If you mean that you have a lot of debt (amount of money owed to various or one creditor/bank ) the main concern is deliqnuent debt (debt not paid on time).
As long as you are making payments on your debt it won’t be a problem. A Credit check usually means your investigation just started. Could be months before you are contacted for an interview or a decision being made. Try not to think about it too much, live your life and hopefully a positive decision will come when you least expect it.