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WASHINGTON — The National Credit Union Foundation was preparing to hold its first auto lending summit July 22 at the Credit Union House on Capitol Hill.

The Steer Clear Auto Lending Summit was open to 40 credit union executives and provided a first look at research conducted by the Annie E. Casey Foundation, NCUF and the Aspen Institute on credit union auto lending practices to nonprime borrowers. Attendees were able to get a preview of the research report titled “Credit Unions Help Car Buyers Steer Clear of Predatory Loans.”

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