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Credit unions' unsecured personal loan balances increase: report

Por: Fox Business Business September 30, 2022

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Balances of unsecured personal loans that were borrowed from credit unions and financial institutions in general have increased, according to recent data. (iStock) Credit union members are borrowing at record volumes, particularly unsecured personal loans, according to data from . Credit union loan balances rose 14.6% annually in May, the fastest annual pace since May 1995. On a monthly basis, unsecured personal loan balances grew by 3% in May,... + full article



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