La Trobe Financial establishes Disaster Relief Package to support impacted customers

MELBOURNE, Australia - Jan. 19, 2020 - PRLog -- 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."

For La Trobe Financial customers impacted by the bushfires, please call our Helpline on 1800 620 639 to find out if you are eligible for the Disaster Relief Package.

About La Trobe Financial
La Trobe Financial is an Australian diversified wealth manager with $9.6 billion of assets under management, and is 80 per cent owned by Blackstone, the world's largest alternative asset manager. Since 1952, it has been providing funding and investment solutions to more than 140,000 customers. A proven and trusted investment partner, La Trobe Financial Asset Management Limited ACN 007 332 363 AFSL 222213 operates the La Trobe Australian Credit Fund ARSN 088 178 321, Australia's largest retail Credit Fund.

La Trobe Financial is regulated by the Australian Securities & Investments Commission and holds the requisite regulatory AFSL and ACL licences.

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Caterina Nesci, Head of Foundation, Sponsorships & Awards

Caterina Nesci
Head of Foundation, Sponsorships & Awards

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