3 Alaska Admin. Code § 99.845

Current through December 21, 2024
Section 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.

3 AAC 99.845

Eff. 2/8/2001, Register 158

Authority:AS 44.88.600

AS 44.88.610

AS 44.88.620