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GAO: Payday loans probably won’t hurt security clearance

Alicia Cackley is a Director of Financial Markets and Community Investment team, GAO

wfedstaff | June 3, 2015 8:23 pm

If you’re a federal employee who has had to take out one of these so-called Payday Loans – there’s some good news for you in a new report from the Government Accountability Office.

Federal workers’ personal financial health is reviewed by agencies in a number of different ways. This new report says if you’d had to take out one of these high interest loans, your financial profile – or even your security clearance – probably will NOT be compromised.

Alicia Cackley, director in GAO‘s Financial Markets and Community Investment team, joined the DorobekINSIDER to discuss the report’s findings.

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