Breaking News Bar
updated: 4/27/2013 9:38 AM

Low-interest loan program may help flood victims

hello
Success - Article sent! close
 
Associated Press

SPRINGFIELD -- Illinois residents suffering damage from recent flooding may be able to get low-interest loans for repairs.

State Treasurer Dan Rutherfod is reminding residents of his office's Disaster Recovery program. It helps lower interest rates for qualified borrowers with weather-related damage.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Flood victims who expect insurance to cover their costs also can use the Disaster Recovery program as a bridge loan for a year until their reimbursement arrives. People with damage on uninsured property are allowed up to five years to repay their loans.

Loans must be secured from participating financial institutions.

For more information, click on the Disaster Recovery page on the treasurer's website or call the Illinois State Treasurer's Disaster Recovery Hotline at 866-523-0641.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here