Section 3 AAC 78.040 - 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) existence of tax liens;(6) unpaid judgments and prior foreclosures; and(7) financial and credit reputation.(b) Information establishing unacceptable credit will be more heavily weighed by the department if it has occurred not later than 10 years from the date of application.Eff. 9/11/85, Register 95; am 9/7/2012, Register 203