“
I have a disability and my options for work are very limited. After losing my job due to cutbacks during the Covid-19 timeframe, I was unable to recover financially. I utilized HFL to consolidate my highest interest debt. This saved me thousands in interest and allowed me relief in terms of a lower monthly payment overall for the total debt. It made a significant difference in my ability to afford the basics of food, medications, etc. As a single parent, every dollar counts, and it has been a huge relief for me financially and emotionally.
”
“
I have been the recipient of a loan from the Hebrew Free Loan program. The ease with which the loan is obtained and the repayment options have made my life much easier. I had obligated myself to repay a personal loan from a friend and, when the time came to make the payment, I was short of funds. The Hebrew Free Loan program was a savior. It is hard to believe that such a possibility exists. I am truly thankful to those who have donated the funds to make this aa possibility.
”
“
I had to consolidate my medical bills in to as little loans or credit card payments as possible. I found out about this interest free loan program and immediately applied. The process was very easy and the people who worked with me were very knowledgeable and helpful. Everything went very smooth and quick. I got approved for the loan, the payments were discussed in advance and I must say I was very relieved when I was approved. It took a huge burden off me knowing that I have plenty of time to pay off this loan without any interest. Very grateful to be part of a community of people who know the value of helping each other! Highly recommend taking advantage of this program if anyone is in need.
”
Before you apply
Applicants must be Jewish and have lived in Nevada for at least one year. You will need an eligible co-signer or co-signers and a checking account for automatic monthly payments. Co-signers must be U.S. citizens or permanent residents.
Please review the full application requirements before getting started.
What happens next?
1. Prepare. Review the requirements and identify your co-signer(s).
2. Apply. Submit your completed application and required documents through Submittable.
3. Complete the review. The process may include interviews and checks of financial information for you and your co-signer(s).
4. Receive your loan, if approved. Complete the loan documents and begin monthly repayment one month after receiving funds.
Allow approximately one to two months for review after all completed forms are received. If timing is a concern, contact us before applying.
A few questions you may have
Is this a loan or a grant?
It is a loan that you repay over time, without interest.
How does repayment work?
Payments are collected monthly by automatic debit from your checking account. Loans of $5,000 or less have a maximum repayment term of 25 months. Contact the program about repayment terms for larger loans.
What is a co-signer?
A co-signer, also called a guarantor, agrees to take responsibility for repayment if you cannot repay. Ask the program team about the requirements before choosing someone.
Will my information be kept confidential?
Yes. Information requested and received through the application process is confidential.
I'm not sure whether to apply. Can I speak with someone?
Yes. Call Jewish Family Service Agency at 702-732-0304 or email Jewish Nevada at info@jewishnevada.org.
Take your next step
You don't have to figure out every detail before asking a question. Start by reviewing the requirements or talking with us about your situation.
JNHFL Testimonial
Help us thank the Mishpatim Circle.
The Mishpatim Circle is a powerful giving opportunity that enables donors to help Jewish Nevada build its loan capital. Donations are used to provide interest-free loans to our Jewish community members. Donors join the Mishpatim Circle with a gift or pledge of $25,000 or more paid outright or in annual installments over a period of no more than five years. As the loans are repaid, those payments are recycled, and loaned out again. The unique recycling model provides an average loan amount of $5,000. By joining the Mishpatim Circle, you can essentially provide loans for up to five people in the first year. By year ten, that original $25,000 will have been repaid and re-loaned again, potentially generating $110,000 in loans for those who need it most. That’s a return of 440% on your donation.
No other donation model provides this kind of impact. Your gift to Hebrew Free Loan becomes a legacy gift, providing help and hope for generations to come.
Join the Circle. Call us at 702-732-0556 today.