Interest Free Loans - HFLA
Maximum loan amount:
$12,000
View application: http://www.hflaclev.org/apply/
Disciplines:Not Discipline Specific
Organization:
Hebrew Free Loan Association
Description:
The Hebrew Free Loan Assocation (non-sectarian) lends money interest free to responsible individuals in need. They do not require a specific income level; however all loan applicants must have a co-signer.
A successful loan applicant is one who: Can demonstrate a genuine need; has been unable to receive a loan from a conventional source; will be able to repay the loan in monthly installments beginning immediately following the granting of the loan; has one or more suitable co-signers.
Loans are given for Family Expenses; (i.e., funerals, weddings, family life-cycle events, divorce related costs, childcare, etc.); Home (i.e. bills, mortgage, roof, furnace, plumbing, driveway, sidewalk, furniture, storm or fire damage, etc.); Education (i.e., tuition, fees, books, supplies, career training, certification courses. uniforms, college and graduate school assistance, etc.); Work (i.e., transportation or new business expenses); Medical & Dental Expenses (treatments not covered by insurance); Other expenses. Each loan is processed on a case-by-case basis.