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SPECIAL REPORT: Lender OK Using Less. FINANCIAL: Credit union guidelines allow Nix to produce cheaper ‘payday’ loans.

SPECIAL REPORT: Lender OK Using Less. FINANCIAL: Credit union guidelines allow Nix to produce cheaper ‘payday’ loans.

FINANCIAL: Credit union rules allow Nix to produce cheaper ‘payday’ loans.

Nix Neighborhood Lending appears as being similar to a lender that is payday however it’s maybe maybe not.

Nix, a subsidiary of Kinecta Federal Credit Union of Manhattan Beach, areas credit services and products just like those of a payday that is traditional, but they’re really credit union loans and run under different terms.