(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) existence of tax liens;
- (6) judgments and foreclosures;
- (7) financial and credit reputation.
- (b) Information establishing unacceptable credit will be more heavily weighed by the department if it has occurred within the past 10 years.
(Eff. 9/11/85, Register 95; am 8/10/97, Register 143; am 9/27/2008, Register 187)
Authority: AS 16.10.310, AS 16.10.339