Heritage Building Society will waive application fees on its personal loans during the next month in a bid to help the Queensland flood victims.
The waiver on application fees will apply until Friday, 18 February on all Heritage personal loans, apart from the low rate secured “Cake and Eat it” loan product.
Acting chief executive officer Bill Armagnacq said Heritage was actively looking at measures to help flood victims rebuild their lives.
“The scale of this disaster is immense and as the waters recede, people are now starting to focus on rebuilding their homes and replacing their possessions,” Mr Armagnacq said.
“To do that, some will be considering taking out a personal loan.
“Waiving the application fees on personal loans is just another small way Heritage is looking to lessen the burden they face in getting their lives back to normal.”
Heritage’s latest move follows the lender’s $100,000 donation to the Premier’s Flood Appeal.
Heritage has also reminded members that it has an ongoing hardship policy in place that may help people who are struggling financially as a result of the floods.