Lifeline Loans Available March 22, 2020 through May 31, 2020
If your income or expenses have been affected by changes from the Coronavirus, a Lifeline loan can provide the short-term financial assistance you need.
- Loan amounts between $500 and $2,000
- 7.95% fixed APR
- Terms up to 24 months
- First payment due date can be extended to 90 days from loan closing
Additional qualifiers
- Established member as of 03/16/2020
- Member of the household is currently employed or most recently employed by a company affected by COVID-19
- Current loans with Natco are up to date
- If Natco holds collateral on a current loan, we must have the title on file and proof of adequate insurance coverage
- Loan cannot be used to refinance or consolidate existing Natco loans
- Proof of income required from February 2020
- Optional automatic payment through payroll deduction or direct deposit
- Credit Life and Credit Disability insurance available
- Lifeline loans are not eligible for skip-a-pay promotions
- Limited to one Lifeline loan per household at a time
- Certain other conditions may apply for this loan type
Standing by our mission of ‘HELPING PEOPLE LIVE BETTER LIVES.‘
