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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.74. Alaska Microloan Revolving Loan Fund. |
Section 3.74.035. Ability to repay.
Latest version.
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The department may consider the following factors in evaluating an applicant's ability to repay: (1) income history, including present income; (2) prospects for future income; (3) assets; (4) liabilities; (5) reasonableness of the projected profit and loss statement; (6) other relevant information or experience.