La Trobe Financial establishes Disaster Relief Package to support impacted customers

From

Greg O’Neill

La Trobe Financial has announced that it has established a Disaster Relief Package to assist customers affected by the bushfires.

For customers who have lost their homes to the bushfires, La Trobe Financial will pay loan interest and charges for twelve months, provide access to interest-free loans to help cover any gap between insurance payouts and the cost of rebuilding, and allow fee-free withdrawals from investments in the La Trobe Australian Credit Fund.

For other customers experiencing hardship because of the bushfires, La Trobe Financial will defer loan repayments for up to twelve months, help with finance on discounted terms to cover property repair costs or support a small business, and make it easier to access investments in the La Trobe Australian Credit Fund without incurring fees.

For customers who are volunteer firefighters, La Trobe Financial will also offer financial help including deferral of home loan repayments for up to 6 months.

The Disaster Relief Package is in addition to La Trobe Financial’s recent $1 million donation to assist people affected by the bushfires across Australia. The donation was split between The Salvation Army Disaster Appeal and the Australian Red Cross Disaster Relief and Recovery Fund.

La Trobe Financial President & CEO Greg O’Neill OAM says: “true to our philosophy of others before self, we are determined to look out for our customers and offer meaningful support to those affected through this very challenging time.”

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