1. (a) The department may consider the following factors in evaluating an applicant's financial and credit record:

   1. (1) existing and prior debts;
   2. (2) credit reports obtained from creditors and private credit reporting services;
   3. (3) prior loan history with the department;
   4. (4) timeliness in making payments on loans and other debts;
   5. (5) prior bankruptcies;
   6. (6) existence of tax liens;
   7. (7) unpaid judgments and prior foreclosures; and
   8. (8) financial and credit reputation.
2. (b) The department will weigh evidence of more recent unacceptable credit more heavily against the applicant.

(Eff. 2/8/2001, Register 158)

Authority: AS 44.88.600, AS 44.88.610, AS 44.88.620