To reduce the risk of default on loans members of the credit union shall the joint guarantee. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate. Credit union as a consumer cooperative operates on the principles of equality of all its members.