We are a network of over 40 hebrew jewish free loan agencies throughout the world with a shared mission of providing interest free loans to. If playback doesnt begin shortly, try restarting your device. The jewish federation of greater portland is excited to embark on a 21st century iteration of free loan for the greater portland communityjewish free loan of greater portland. A suitable cosigner is a resident of pennsylvania who has a source of income and a credit score of 670 or higher. At their peak, more than 500 jewish free loan societies operated throughout the united states. Offering interest free loans instead of charity, furthering the concept of gemilut chesed acts of loving kindness. You have one or two guarantors to secure your loan. Jewish free loan toronto jewish community interest free loans. The israel free loan association ifla is the largest interest free loan association in the. Loans are offered interestfree to cover basic needs, improve quality of life and help achieve financial independence. Save the date see you in philly october 18 20, 2020. Each member organization of the iajfl offers assistance through a variety of interest free loan programs. Were a nonprofit organization that lends a helping hand to members of the ottawaarea jewish community. Loan programs hebrew free loan society hfls hebrew.
The hebrew free loan association of greater springfield offers interest free loans to jewish individuals and families whose needs are urgent and who may not qualify for personal loans from a bank or other financial institution. Hebrew free loan of new jersey has served this community since 1996. Dallas hebrew free loan association guidestar profile. Hebrew free loan is a founding member of the international association of jewish free loans iajfl. The association grants more than 350 loans every month. Greater providence hebrew free loan association 400 reservoir avenue suite lla providence, ri 02907 4017811949 john catania, administrator. International association of hebrew free loans wikipedia. Milwaukee jewish free loan association mjfla business genre. A guarantor is someone who can guarantee to pay back the loan if you do not. We are a network of over 40 hebrewjewish free loan agencies throughout the world with a shared mission of providing interestfree loans to. We provide loans for debts and living expenses, business, education, dental and medical expenses, weddings and bar. International association of jewish free loans a helping hand to. Hebrew free loan association access jewish cleveland.
We offer a widevariety of interestfree loans the majority of which are not dependent upon the income level of the borrower. History of american jewish free loan societies my jewish. The interestfree loans provided by jewish free loan are possible because of the generosity of our donors many of whom have chosen to establish named loan funds to support the provision of loans in a certain category. Mjfla provides interest free loans to those with temporary financial needs. The israel free loan association is an israeli nonprofit organization located in jerusalem dedicated to providing interest free loans to individuals, families, businesses and nonprofit organizations in need. Jewish free loan association is rated 3 out of 4 stars by charity navigator. International association of jewish free loans facebook. This is the jewish free loan association company profile. Jewish free loan of greater portland jewish federation of. Hebrew free loan of new jersey jewish federation of greater. The hebrew free loan association of pittsburgh offers interest free loans on a nonsectarian basis to residents of allegheny, westmoreland, washington, butler, beaver and armstrong counties who may not qualify for assistance through other institutions. We offer a handup instead of a handout, promoting selfsufficiency with dignity. We provide loans for debts and living expenses, business, education, dental and medical expenses, weddings and bar mitzvahs, home renovations, cars, furniture and appliances, home buying, trips, immigration and legal expenses, etc. The interest free loans provided by jewish free loan are possible because of the generosity of our donors many of whom have chosen to establish named loan funds to support the provision of loans in a certain category.
At jewish free loan, we rely on guarantors instead of collateral to secure your loan. Since 1909, hflagw has run on community support and through the reinvestment of loan repayments to ensure continuous funding. Ottawa hebrew free loan association lending a helping hand. We are committed to meeting applicants with respect and compassion. The international association of hebrew free loans iahfl is an umbrella organization for hebrew free loan societies, organizations that offer interestfree. Hebrew free loan association of greater washington. Frequently asked questions jewish free loan association. Arizona resident if you live in another state, please visit the international association of jewish free loans website to find the free loan nearest. Hfla lends money interest free to responsible individuals in need. If you have a legitimate need and the fund are available, you can get an interest free loan from this organization. Jewish free loan association how is jewish free loan. Hebrew free loan s william davidson jewish college loan program provided interest free dollars to cover tuition and other expenses to help maya achieve her career goals. Maya was entering her 4th year at wayne state university school of medicine, preparing for her residency in emergency medicine. Jewish free loan process loan eligibility types of loans faqs how a loan helped me every loan begins with a pre loan application.
Ability to repay the loan in monthly installments beginning immediately following the granting of the loan. All content is posted anonymously by employees working at jewish free loan association. For more information about empower interest free loans, download the. International association of jewish free loans iajfl. Offering interest free loans instead of charity, furthering the concept of gemilut. The hebrew free loan association of greater washington, guided by jewish values, provides community members with interest free loans to help them overcome financial challenges with dignity. Charity navigator rating for jewish free loan association. The hebrew free loan society hfls fosters financial stability and opportunity among lowerincome new yorkers by providing access to safe and affordable credit in the form of interest free loans.
Supporting one another through lifes ups and downs, we ensure the strength and vitality of our community now and into the future. Hebrew free loan society hfls interestfree loans for. The international association of hebrew free loans iahfl is an umbrella organization for hebrew free loan societies, organizations that offer interest free loans. Steven hershey, 1st vice president oleg geyler, secretary. In 2007, the hebrew free loan of metrowest changed its name to the hebrew free loan of nj and expanded its reach to help those in need in the greater monmouth jewish community. You will find below borrowing limits for the types of loans granted. Begin making payments 3045 days after your loan check is receiveded.
Download the auto deduction form and follow the directions. International association of jewish free loans home. Jewish free loan association offers interestfree loans. In light of the covid19 pandemic, the jewish free loan association. Jfla offers interest free loans on a nonsectarian basis to families and individuals. Gemach is a jewish freeloan fund which subscribes to both the positive torah commandment. Higher education consolidation loans, education, adoptionfertility, small business, healthcare, general needs, jewish heritage, jewish special.
Information about the william davidson jewish college loan program is available at applications can be submitted online from april 1 may 15 and july 1. To qualify for an hfls loan, you must live in nycs five boroughs, westchester, or long island. Interest free loans instead of charity fill an important gap in our social system by promoting selfsufficiency with dignity. Free loan application page jewish federation of greater. The jewish free loan association jfla is a nonprofit agency offering assistance to people of all faiths facing financial challenges. Unable to receive a loan from a conventional source. Empower is a member of the international association of jewish free loans based in. The merit of applications is determined by our loan committee. Since 1911 we have been serving the community by providing interest free loans to individuals to cover basic needs, improve quality of life and help achieve financial independence.
A guarantor is at least 25 years old, lives in california and has a credit score of 680 or better. Follow the stepbystep instructions below to apply for an hfls interestfree loan, and learn about the loan approval and closing process. Hebrew free loan organizations exist in the united states and around the world. The jewish foundation provides interest free loans to help with education, medical bills, rent, mortgage, car repairs. Hebrew free loan is a founding member of the international association of jewish free loans iajfl 1 steuart street, suite 520 san francisco, ca 94105 415. To help our community deal with the financial fallout of the pandemic, jewish free loan toronto has created a new, emergency covid 19 loan. Review full guidelines and eligibility requirements below. We developed a best practices set of marketing examples for all to use in promoting free loans to new communities.
Offices international association of jewish free loans. Interest free loans from the jewish free loan association. The mission of the dallas hebrew free loan association is to assist people of the greater dallas jewish community who are in need by providing interest free loans. Create a local agency to start helping your people, your own community. Jewish free loan is dedicated to helping jewish arizonans navigate the financial expenses that often come with many of the challenges and opportunities life brings. Hebrew free loan association of pittsburgh interestfree. Hebrew free loan association of providence 58 burlington street providence, ri 02906 40381 barry pickar, president dr. Repayments are via monthly installments, commencing one month after the loan is granted. The loans are intended to cover such things as small business losses, lost wages from not going to work, child care costs when schools are closed, and funds lost due to canceled travel plans. The hebrew free loan society hfls fosters financial stability and opportunity among lowerincome new yorkers by providing access to safe and affordable credit in the form of interestfree loans. There are members around the world, with most in north america. Hebrew free loan detroit detroit michigan jewish community. Maimonides considered the interest free loan among the higher forms of tzedakah because it respects the dignity of the borrower, provides him with a means of selfsufficiency, and does not saddle him with large debt. Hebrew free loan strives to make the process of obtaining a loan simple, but thorough.
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