I got an offer from the DoD & I need a TS clearance. I’m in my mid-20s & I had jobs instead of completing school like most people my age. I have a surprisingly low amount of debt for student loans, $19k.
However, since I worked, I took on some responsibilities that were necessities for me to survive. This included cars, credit cards, and other things to build credit.
Basically, I lost a couple of my jobs from the age of 17 up until now & I accumulated some debt in some other areas.
This included a few voluntary repos and 3 charged off cards.
For TU, I owe $2600 in collections.
For Equifax, I owe a total of $12k in collections, due to eviction with a bum old roommate.
Total, I have about $31k in debt.
In a payment plan for $300 of IRS debt due to not having a steady job at the moment.
I have signed up for credit counseling to settle my debt, and they’re going to try to cut the amount in over half to get it down to about $11k. I’m actively working on repairing my credit and my score is low due to limited history.
My TU score is over 500, Equifax below because I took a hit with the student loan issue I mentioned.
I’m actively working on my situation, and actually getting this position could get me out of debt in 1-2 years.
SN: I did pass an IRS Security Clearance via eQiP to work for a Contractor back in 2015, but some additional accounts have posted since then.
Drugs and other things are not a problem for me. I have attended counseling for mental health and plan on disclosing. I will be giving full disclosure… not hiding anything at all.
Do any vets on this board have feedback or tips on how my case may go?