Loans - Personal

A program of Hebrew Free Loan Association

The Hebrew Free Loan Association gives interest-free loans up to $10,000. The money can be used for school tuition, medical expenses, home improvements, small business needs, or to pay off high-interest debt from other places. You pay back the loan in monthly payments. The check goes to whoever you owe money to, not to you.

Address: 1422 Euclid Ave.
Cleveland, OH 44115
Hours: Hours vary — see schedule below
By appointment.
Who can use it: You must have enough income to pay all your bills while paying back the loan each month. If you have a spouse or partner in your household, their income counts too - together you need enough to cover all bills plus the loan payment. You need one person (called a guarantor) who lives in Northeast Ohio in a different household and can pay back the whole loan if you cannot. Banks have turned you down for a regular loan, but you may have been offered a high-interest loan (more than 20% interest). You don't need a perfect credit score, but you should try to pay your bills on time.
Languages: English on-site. Other languages by phone.
What to expect: Call Monday through Friday, 9am to 4pm to ask questions or apply. If you qualify, staff will send you an application. Fill it out and send back your documents online or by email. A committee reviews your application, which usually takes 5 to 10 business days.
What to bring: Call ahead to confirm what documents you'll need to bring.

Want to be sure before you go?

Call 211 first.

Hours and stock change. A United Way 211 navigator will confirm this place is open right now and has what you need — or send you somewhere that does.

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