How big debt is threatening security clearances for thousands of troops - U.S. News
Denis Poroy / AP file
A sign offers military financing at a used car lot in Oceanside, Calif. on Oct. 12, 2006. The lot is one of many businesses in downtown Oceanside that offer credit to Marines from nearby Camp Pendleton.
By Bill Briggs, NBC News contributorNearly 36,000 active-military members who hold security clearances have recently sought urgent financial advice or aid because heavy debts and delinquent bills threatened to void their classified status, according to a nonprofit that helps troops and veterans solve money problems.
“You can lose that security clearance if you have credit or debt issues,” said John E. Pickens III, executive director of VeteransPlus. “If you lose that clearance, you can become un-promotable or you can be taken from your assignment. And, ultimately, you can even receive a bad-conduct discharge. [...]
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