Daily At a Glance

Loan Delinquency: Year-end data reveals total delinquent loan amounts rose but delinquency rates fell over the past five years.


Industry data shows that delinquent loan amounts rose to almost $3.5 billion in December 2006. Historical data suggests, though, that delinquent loan growth was at its lowest in 2006 compared to the five years previous.

Delinquency rates fell over the past five years- in 2006 under 1% of loans made became delinquent. There are multiple implications of falling delinquency rates: Credit unions have produced more loans or have tightened lending requirements to cut loan delinquency.

The breakdown of loan delinquency suggests that consumer loans carry the highest risk of delinquency.




Feb. 19, 2007



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