Navistar Financial Corp., a wholly owned finance subsidiary of Warrenville, Ill.-based International Truck and Engine Corp., announced a plan to assist its customers affected by Hurricane Katrina.

Customers residing in the FEMA federal disaster areas will be offered a two-month deferral of loan or lease payments. The deferred payments will be moved to the end of the contract, and all normal processing fees and deferral interest will be waived.
Navistar Financial hopes the additional payment flexibility will assist customers with prioritizing other important issues. Customers should contact their regional finance office to see if they qualify for this deferred payment option.