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Bank One Expands Disaster Relief Loans to More Counties; Consumer and Business Loans, Payment Extensions Available.


CHARLESTON, W.Va. -- Bank One today announced the expansion of two special loan programs to help with disaster-related expenses for individuals and businesses affected by flooding and mudslides in West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures


Area, 24,181 sq mi (62,629 sq km). Pop.
. Individuals and businesses in these West Virginia counties are eligible: Berkeley, Brooke, Cabell, Hancock, Jackson, Kanawha, Lincoln, Marshall, Mason, Morgan, Ohio, Pleasants, Tyler, Wetzel, Wirt, and Wood.

Consumer customers who live in the West Virginia counties designated disaster areas by the Federal Emergency Management Agency The Federal Emergency Management Agency (FEMA) is the federal agency responsible for coordinating emergency planning, preparedness, risk reduction, response, and recovery. The agency works closely with state and local governments by funding emergency programs and providing technical  (FEMA FEMA,
n.pr See Federal Emergency Management Agency.
), have been impacted by the disaster, and meet standard underwriting requirements, may apply for a personal installment unsecured loan Unsecured Loan

A loan that is issued and supported only by the borrower's creditworthiness, rather than by some sort of collateral.

Notes:
Generally, a borrower must have a high credit rating to receive an unsecured loan.
 with these features:

--Loan amount up to $25,000

--Discounted loan rate

--Deferred first payment

--No loan fee

Individuals interested in applying for these personal unsecured loans may visit any Bank One banking center or call Bank One Disaster Relief Loan Hotline: (877) BK1-ASST (251-2778). The offers are valid through January 20, 2005.

Also, existing Bank One customers with loans or lines of credit may be eligible for account extensions. Existing customers can call or stop by their Bank One Banking Center.

Business customers who reside in or own a business in one of the affected counties and have been impacted by the disaster may apply for a business installment unsecured loan with these features:

--Loan amount up to $35,000

--Discounted loan rate

--Deferred first payment up to 90 days

--No loan fee

Business customers can call Bank One Business Loan by Phone number at 1-800-404-4111 to apply. The offer is valid through January 20, 2005.

Bank One is one of West Virginia's largest banks, with 30 offices across the state, and will change its name to Chase in mid-2005. JPMorgan Chase & Co. (NYSE NYSE

See: New York Stock Exchange
:JPM JPM J. P. Morgan Chase & Co. (stock symbol)
JPM Juan Pablo Montoya (formula 1 driver)
JPM Jabatan Perdana Menteri (Malaysia)
JPM Journal of Property Management
) is a leading global financial services firm with assets of $1.1 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
, JPMorgan Chase & Co. has its corporate headquarters in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and its U.S. retail financial services and commercial banking headquarters in Chicago. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.
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Publication:Business Wire
Date:Sep 30, 2004
Words:397
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