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Mon 01 Jan 2007Credit unions to be guided on how to avoid lax lendingCredit unions are to be issued with a guidance note on how to avoid lax lending policies following "inappropriate" unsupervised lending by individual officers at a number of credit unions last year.Brendan Logue, the registrar of credit unions, said it was "regrettable" that practices at a small number of credit unions had required active intervention by his office in 2006.