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Title 3 . Commerce, Community, and Economic Development
Chapter 106 . Financial and Technical Assistance for Energy Systems, Facilities, and Equipment
Section 315. Financial and credit record

3 AAC 106.315. Financial and credit record

The authority 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 authority;

(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.

History: Eff. 2/16/96, Register 137

Authority: AS 42.45.250

AS 44.83.080


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Last modified 7/05/2006