Risk assessment

Hi Ladies! I'm currently in a contract role as job 2. The opportunity has been given to me to apply to an open full time potion on the team. I of course would have to update my resume to show this role and arbitrarily end my Job 1. My Equifax is frozen.. what are my risks? Should I apply? Otherwise the role will end in a few months. It's a decent job, kind of some annoying meetings but I've been managing the last 5 months. up to 120k. Thoughts?