Interest-free loans up to $20,000
Get help to handle challenging financial needs or cover upcoming expenses. A general needs loan could help you move into a new apartment, buy a car, travel to visit a sick relative, go to Israel on an organized program, or cover other costs that don’t fall into another loan category.
If you’re unsure what loan type to apply for, select the one that seems like the best fit. A loan officer will work with you to figure out what type of loan will be most helpful.
Hebrew Free Loan’s Model
Hebrew Free Loan is based on principles found in the Torah, in which we are commanded not to derive personal benefit — i.e. not to charge interest — when we lend money to assist those in need. Click here to watch a short video about Parashat Mishpatim, the Torah section that contains these teachings.
We’ve proven the success of our model with a repayment rate of over 99.5%. That’s the beauty of interest-free lending. As loans are repaid, funds are recycled to make new loans. Many loan recipients also participate in our Full Circle Club, in which former borrowers pay forward the help they received by donating to Hebrew Free Loan to help the next person in need.
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