Inside Long Island Business
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LI credit union offering hurricane relief loans for individuals
Photo credit: Howard Schnapp
Westbury-based credit union NEFCU began offering low-interest hurricane relief loans this week, contributing to the relief effort after superstorm Sandy devastated parts of Long Island.
NEFCU members will be able to apply for loans of up to $20,000 on one percent fixed interest for a year. After a year, the loan will revert to the regular interest rate the customer would've received on the...
