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Community First CU adds payment insurance to improve loan performance 

Federally insured credit unions’ DQ rate 0.83% in Q2, up 16 bps YoY 

James Van Bramer

Community First Credit Union is adding payment insurance to protect against rising delinquencies and improve credit performance for its indirect auto lending business.   The Santa Rosa, Calif.-based credit union signed on to use insurance and technology provider TruStage’s loan protection insurance service, “Payment Guard.” The lender-paid portfolio solution covers borrowers with unexpected job loss or […]

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