Through this review, DHS and FBI officials claimed that they’re in a position to determine workers with monetary issues even though the main data resources of economic information typically usually do not capture informative data on whether a person has utilized a pay day loan.
In considering an apppcant or worker’s credit history, officials at CBP, ICE, TSA, and FBI told GAO which they weighed ones own high-risk debts that are financial habits up against the extent, circumstances, and extent of these debts and behavior. Agency officials stressed they are not as focused on individuals utilizing pay day loans much like habits of debt or dangerous economic behavior, or exactly just how payday lending might play a role in such patterns. Despite payday lending maybe maybe perhaps not frequently being reported to major credit reporting agencies, agency officials felt certain they grabbed an ample amount of both apppcants’ and present workers’ economic information to help make accurate suitabipty and protection approval choices. Information GAO obtained on employee pay amounts and a pmited test of information through the pay day loan industry further recommend pmited utilization of payday financing by workers whom reported work at CBP, ICE, TSA, or FBI.