Hebrew Free Loan Association of Pittsburgh - Interest Free Loans
4905 Fifth Avenue, Rodef Shalom, Suite 211, Pittsburgh, PA 15213
Eligibility
Hours
Application process
Visit the website for additional information about the intake and approval process. Strongly advise visiting the website and following up with an email. Calling if that is only method available to applicant.
Fees
No fees or interest charged on loans.
Service area
Allegheny, PA
Armstrong, PA
Beaver, PA
Butler, PA
Washington, PA
Westmoreland, PA
Description
Offers interest-free loans up to $10,000 for large expenses (e.g., home repairs, buying or fixing a car, tuition, security deposit/down payment, small business expenses, legal fees (not restitution, but lawyer fees), medical/dental, adoption/fertility, etc.). LOANS FOR HOUSING EXPENSES: may ONLY be used for: initial security deposits or down payments to help someone move to a new place, AND MAY NOT BE USED FOR catching up on late or back rent payments, nor to pay monthly bills (utilities, cell phones, car payments, etc.). Loans MAY NOT BE USED TO: pay off existing loans, provide cash flow, pay for luxury vacations or jewelry, or other expenses like that. If an applicant's credit score is below 625 (or married couples combined score is less than 1250), they can still apply but will need a cosigner/guarantor for any loan. A spouse is not a cosigner/guarantor because they need to be a co-applicant (married couples must apply together unless they are separated/divorcing).
What's Here
Providing organization
Hebrew Free Loan Association of Pittsburgh
Offers interest-free loans up to $10,000 for large expenses for people who live in Allegheny, Armstrong, Beaver, Butler, Washington, and Westmoreland counties who have a source of income. Loans can be for a range of reasons (e.g., home purchase or repairs/remodel, buying/fixing a car, tuition at all levels of study, initial security deposit, weddings, funerals, small business expenses, adoption/fertility, etc.). Loans are NOT given for rent, living expenses or monthly bills, cash flow, restitution or legal judgements, or luxury items). Also offers access to free financial coaching.
