From delinquencies to repossessions, credit unions continue to hold their own with keeping their rates low compared to other financial institutions. One major reason behind for that consistency is traced back to their disciplined lending strategies, according to Experian Automotive.

Data from the division of Experian found that since at least 2009, credit unions have had the lowest 30-day and 60-day delinquencies beating out banks, captive auto, finance companies and other lenders. The same was seen in quarterly repossession rates with credit unions having the lowest figures within the financial services sector.

Source: Experian Automotive

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