3 AAC 99.845 - Financial and credit record

(a) The department may consider the following factors in evaluating an applicant's financial and credit record:

(1) existing and prior debts;

(2) credit reports obtained from creditors and private credit reporting services;

(3) prior loan history with the department;

(4) timeliness in making payments on loans and other debts;

(5) prior bankruptcies;

(6) existence of tax liens;

(7) unpaid judgments and prior foreclosures; and

(8) financial and credit reputation.

(b) The department will weigh evidence of more recent unacceptable credit more heavily against the applicant.

Notes

3 AAC 99.845

Eff. 2/8/2001, Register 158

Authority:AS 44.88.600

AS 44.88.610

AS 44.88.620