Section 3 AAC 80.430 - Financial and credit record(a) To evaluate an applicant's financial and credit record, the department may consider the applicant's (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) existence of tax liens;(6) judgments and foreclosures; and(7) financial and credit reputation.(b) The department will weigh activity that establishes unacceptable credit more heavily if the activity occurred within ten years of the application date.Eff. 10/16/2012, Register 204; am 7/24/2024, Register 251, October 2024