Hebrew Free Loan of New Jersey

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Hebrew Free Loan of New Jersey

Providing Financial Support to Those in Need

Hebrew Free Loan of New Jersey serves those in financial need in our community with small loans for a variety of needs. We have provided hundreds of loans totaling $1.4 million

Can a Loan from HFLNJ Help You?

Loan Types

Loans are provided for many purposes, except for student loans. Loan amounts vary, depending on the community, but can range from $500 to $5,000 for personal loans.

Borrowers’ Obligations

Borrowers must have the potential to repay the loan and need to provide post dated checks in the full amount. Each loan must have at least one cosigner (two for home improvement and business loans), and the cosigner must live in New Jersey. The cosigner becomes responsible for the loan repayment in the event the borrower cannot meet his/her obligation.

Confidentiality

Hebrew Free Loan of New Jersey holds to the highest standard of confidentiality. The loan is not a public record, but there are rare instances where a legal process may be used to recover unpaid balances.

Area Served

Hebrew Free Loan of New Jersey serves Jews in Essex, Morris, Monmouth, Middlesex, Sussex, and Union counties.

Hebrew Free Loan of NJ is a beneficiary of the Jewish Federation of Greater MetroWest NJ and a partner of the Jewish Federation in the Heart of New Jersey serving Monmouth and Greater Middlesex Counties.