To keep with our philosophy of "people helping people," Veridian is offering a special Disaster Assistance Loan to assist qualifying individuals. The Veridian Disaster Assistance Loan can be used for any damage or loss due to the recent storms.
If you were affected by the recent storms, you may apply for a Disaster Assistance Loan of up to $5,000, with a repayment term of up to 36 months.* To qualify, you must indicate the specific purpose for the loan when applying. The interest rate for the Veridian Disaster Assistance Loan is 7.5% fixed APR, or 7.0% with automatic transfer. This loan also qualifies for a .25% rate reduction with our loyalty discount.
*APR = Annual percentage rate. For a $5,000 Disaster Assistance Loan with a term of 36 months at 6.75% APR, the monthly payment will be $155. Includes Loyalty Discount of .25% APR. Loyalty discount is obtained when enrolled in direct deposit of net income and automatic loan payments from your Veridian account. Rates, terms, and conditions subject to change without notice. Loans subject to credit approval.