Call: (07) 5527 4744

Banks offer COVID-19 Financial Assistance Packages

March 23, 2020 in Insider Tips, Latest News by admin  |  Comments Off on Banks offer COVID-19 Financial Assistance Packages

The banks are offering Financial Assistance Packages to customers who are suffering financial hardship as a result of the COVID-19 (coronavirus) pandemic.

These assistance packages vary from bank to bank and can include:

Home Loan & Business Loan Repayments paused for 3 – 6 Months

Home Loan & Business Loan Repayments switched to Interest Only

Pausing Repayments on Credit Cards, Car Loans & Personal Loans

Frequently Asked Questions

Q: How can I apply for Financial Assistance ?

A: Contact your bank directly via telephone or you can apply online via your Internet Banking Platform.

Q: Can DPF Mortgage Specialists provide a list of the banks contact telephone numbers & links for online requests for financial assistance ?

A: Yes … Below is the list of the banks contact details to request financial assistance 

Q: Will the bank continue to charge interest on my Home Loan / Business Loan during the repayment holiday ?

A: Yes … Banks may extend the loan term to accommodate the interest or may require other arrangements (Please check with your bank).

Q: Will asking for Financial Assistance have a negative effect on my Credit Score ?

A: The banks acknowledge the Pandemic is outside the borrowers control & have advised a request for financial assistance will NOT have a negative impact on your credit history if you who make arrangements with your bank and remain with these arrangements.

Please be assured the DPF Mortgage Specialists team are here to help you as now, more than ever, we know our clients need to have access to experienced specialists who can provide them with the information they need and source the best options to help them through these challenging times.

If you have any questions or require any assistance please do not hesitate to call or click on CONTACT US

Stay safe & well.

BankLink for Online Request FormTelephone
CBACBA Online Request13 30 95
WestpacWestpac Online Request13 20 32
NABNAB Online Request1300 683 106
ANZANZ Online Request1800 252 845
Macquarie Macquarie Online Request1300 363 330
BankWestBankWest Online Request1300 769 173
St GeorgeSt George Online Request1300 303 110
SuncorpN/A13 11 55
HeritageN/A13 14 22
INGN/A1300 349 166
Bank AustraliaN/A13 28 88
BOQN/A1300 557 272
CitibankCitibank Online Request1800 722 879
ME BankN/A13 15 63
My StateN/A13 80 01
QBankN/A13 77 28
Teachers MutualN/A1800 862 265
Posted in Insider Tips, Latest News.