Hebrew Free Loan (English)
Welcome to Hebrew Free Loan Association of Providence. Since 1903 we have been helping Jewish community of Rhode Island by providing interest-free loans to individuals and families, to help them overcome difficult financial times.
Our interest-free loan can be used to:
- Pay off high interest credit cards or other interest-bearing loans
- Purchase a car
- Pay for school / books / supplies
- Pay off a school loan
- Pay medical bills
- Pay for home improvement projects
- Use it toward a down payment on a house
- And many other purposes
We offer general purpose loans up-to $2400, and educational loans up-to $3600. All interest-free! Apply Today – You must be a member, to apply for a loan. Membership fee is $10 / Calendar year.
Consider improving your credit: With good credit you can get lower-interest credit cards and loans. Read our comprehensive guide to improving your credit and borrowing interest-free.
Stop paying 20% or more – get a 0% Intro APR or a Cash-Back credit card.
About Hebrew Free Loan of Providence:
We are a non-profit organization run by volunteers. These men and women – members of board of directors – dedicate their time and resources to help fellow Rhode-islanders overcome temporary financial difficulties. Board members DO NOT receive a salary or any other form of financial reimbursements. The only person receiving a payroll is our friendly and helpful office manager – Tatyana.
Since we are a NON-Profit organization, without any source of income, we depend on your donations and membership fees. The money we receive from you are used to pay for our day-to-day operation costs, as well as provide funds for other borrowers in need. These costs are nominal, and consist mostly of: rent, utilities, a small payroll for our office manager, and other miscellaneous fees, with rent and utilities being the biggest drain in our budget.
Get involved in the Great Jewish tradition of Gemilath Chesed – do the mitzvah today!
Please support us – give as much or as little as you want. We use easy and secure PayPal Account – now you can donate on-line with your credit card. You may also just send a check for any amount you wish to donate to this great cause. You donation can be made in honor or in memory of any person you want – just include a note with your check. We are also a 501(3) Non-Profit organization, so all your donations are 100% tax-deductible.