Credit unions maintain tightened underwriting standards

COVID-related risks continue to impact the market

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© Can Stock Photo / kentoh

Credit unions have maintained tightened underwriting standards as the ongoing COVID-19 pandemic presents unknown risks and government stimulus payments come to an end. Unlike banks and other lenders who loosened their underwriting in the second quarter following a year of historically tight standards amid the pandemic, credit unions have held fast. “When the market gets […]

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