Leader

Collapse

Announcement

Collapse
No announcement yet.

Question regarding financials

Collapse

300x250 Mobile

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Question regarding financials

    Greetings all,

    Can you shed some light on the possible DQ's on the credit history/financial questionnaire? I am applying for the first time for a law enforcement position, and while I have some debt, all payments are current and always have been.
    Last edited by Maestro; 05-30-2010, 05:47 PM. Reason: Misspelling

  • #2
    shouldn't cause you any problems.
    It's not the will to win that matters...everyone has that. It's the will to prepare to win that matters.
    Paul "Bear" Bryant

    Comment


    • #3
      As long as you're current on your bills/debts, you shouldn't have a problem. What many Departments are looking for, is how an applicant is handling debts at the time they apply. Prompt, reliable discharge of debt is viewed as a measure of overall responsibility. The financial aspects which raise eyebrows,cause questions, and lead to Disqualification, are accounts with histories of late payments, accounts which have been /are in collections, have been charged off/written off. Bankruptcy can be a problem, but a past one is not always a DQ. Again, what's critical, is how the applicant is currently handling his obligations. Based on your post, you should have no problems here.

      Comment


      • #4
        Once again, PhilipCal is right. Think about this, everyone with a home mortgage has anywhere between $20,000 and $150,000 dollars of debt. However, if you are paying your bills responsibly then the debt amount is USUALLY irrelevant. Now, If you are say 25 and have $2,000,000 in debt I would see some red flags going up.

        Comment


        • #5
          Go here http://lib.post.ca.gov/Publications/bi.pdf and start reading the Financial Section at Page 149. It should answer most of your questions.
          Going too far is half the pleasure of not getting anywhere

          Comment


          • #6
            Originally posted by L-1 View Post
            Go here http://lib.post.ca.gov/Publications/bi.pdf and start reading the Financial Section at Page 149. It should answer most of your questions.
            Thank you all- I will sleep better tonight!

            Comment

            MR300x250 Tablet

            Collapse

            What's Going On

            Collapse

            There are currently 4313 users online. 222 members and 4091 guests.

            Most users ever online was 26,947 at 07:36 PM on 12-29-2019.

            Welcome Ad

            Collapse
            Working...
            X