Section 3.99.845. 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.  

Authorities

44.88.600;44.88.610;44.88.620

Notes

Authority

AS 44.88.600 AS 44.88.610 AS 44.88.620

History

Eff. 2/8/2001, Register 158