GAO: Payday loans probably won't hurt security clearance

Friday - 1/28/2011, 3:00pm EST

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

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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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Report Summary

Report Highlights