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Slide Show: Credit Unions Hold Own in Auto Loan Performance

This series of illustrations show how, according to Experian, credit unions are holding their own when it comes to balances, delinquencies and repossessions.

By Michelle A. Samaad | Updated on May 15, 2011

Compared with other financial institutions, credit unions are holding their own when it comes to auto loan balances, delinquencies and repossessions, according to Experian Information Solutions.

The company’s Q4 2010 report shows automotive credit overall continuing to strengthen as 30- and 60-day loan delinquencies exhibited sharp declines. The report also showed the share of loans to credit-challenged new vehicle shoppers grew by 18.2% in the fourth quarter of 2010 compared with the fourth quarter of 2009.

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