Section 3 AAC 81.040 - Financial and credit record(a) The department will, in its discretion, 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;(6) existence of tax liens;(7) unpaid judgments and prior foreclosures; and(8) financial and credit reputation.(b) Information establishing unacceptable credit will be more heavily weighed by the department if it has occurred in recent years.Eff. 9/11/85, Register 95Authority:AS 16.10.510
AS 16.10.520