Newcomer here. I just got a job offer for an agency in the DC area that requires a TS investigation.
I’ll submit my SF-86 soon, but I’m seeing on here and on other forums that there’s different opinions regarding credit card debt, and I’d like to get investigators’ input on my circumstances.
Some respondents from years ago have said debt amount doesn’t matter so long as there’s no late payments or collections action. Others have said TS investigations scrutinize debts much more closely and rejections are a lot more likely. I’m afraid I’m in the latter category since I have credit card debt with no previous full-time work history.
I’m 26 years old, only own a vehicle to my name. I’ve been in school basically all my life with a few part time gigs in-between, and I’ve accumulated $16k of credit card debt, with no income at the moment, due to various spending I’ve needed right at the time I finished grad school, and in the year I was job-searching after grad school right up until now.
I’ve also paid out $10,000 of cash, earned from working during studying and also through remittances from extended family abroad, to pay my elderly father’s annual property taxes (the property we live in is taxed heavily due to the amount of land he owns) and to give him extra money on top of his Social Security spending, since I live with him and he is suffering from Alzheimer’s disease and has no other familial support. My mother is separated from my father and not contributing to him or me financially.
That’s why I put some of our spending, despite my lack of income, onto credit cards with 0% interest at the moment (the interest payments will start probably around the time I start working if I clear my investigation). And I figured I’d start paying it off once I start working.
I could, in all likelihood, take up another part-time or drive Uber to help pay off the debt until my security clearance investigation concludes. But I still spend the majority of my time caring for my father, buying the groceries and other necessities for him, and accompanying him to his medical appointments. So I can’t commit more than 15-20 hours a week outside the house and plus I desperately need to avoid getting COVID as my father is ultra-high-risk, despite vaccinations.
That’s all the debt there is to my name. I don’t have any student loan debt (which is why I’m trying to help my father, since he helped me pay for school), I have no car or house payments. But I’ve had no income since I finished school.
Hoping to hear what you all have to say. I’ve made payments thus far using a bit of my father’s retirement savings, some personal belongings I’ve sold in the past year, and I anticipate being able to continue making at least minimum payments until the investigation concludes.