Buying, running and selling a car, buying holiday money and sending money abroad.
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Credit card debt is a particularly dangerous kind of debt for security clearance holders. With high interest rates and high limits, it’s far too easy to rack up significant debt you can’t readily repay. High credit card debt is a clear sign you may not be living within your means, and may be more susceptible to blackmail. Cause is a factor in a security clearance determination, so if you built up high debt paying off medical bills, or following a lay-off, that’s a mitigating factor. Nov 30, · Secret Clearance and Credit Card Debt: Hello, I researched this heavily and get mixed answers just from reading online. I currently have a credit card debt that is about 20k. The debt was made this year and for personal reasons.