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Credit union car loans rolled into a ditch in December as balances fell from November to December at the biggest rate in at least 10 years, according to the latest monthly report from America's Credit Unions.
Monthly Credit Union Estimates from America's Credit Unions also showed a continuing slowdown in overall loan growth, while savings improved to nearly the average rate. The result was the first drop in the loan-to-savings ratio since February 2022.
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