Hebrew Free Loan Association of Greater Washington
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  • Home
  • About Us
    • History
    • Board of Directors
    • Staff
    • 2024 Annual Report
    • Contact
    • Newsletter sign up
  • Learn
    • Loan Guidelines
    • FAQ
    • Testimonials
    • Loan Repayment
    • Local Resources
    • Housing Resources
  • Apply Now
    • Traditional Loans
    • Guarantor Form
    • Loans for students
    • Jewish Communal Employee Loans
  • News
  • Donate

Apply Now: JCADA Loans

Overview
The Hebrew Free Loan Association of Greater Washington (HFL) (Lender) is proud to provide zero-interest loans to qualified borrowers (Borrower) in the DC metro area in a partnership with JCADA. 

These loans are only available to JCADA clients who have completed the Allstate financial education course and were recommended to apply. ​

​Please do not share this link with others.
Payment Terms 
Payment terms: Loan repayments begin on the first of the month after funds have been disbursed.
​
​Repayment amounts for traditional loans:
  • Loans of $1,000: $50/month for 20 months
  • Loans of $2,500: $100/month for 25 months
  • Loans of $5,000: $200/month for 25 months
Guarantors
There is no outside guarantor requirement for this loan - JCADA is serving as the guarantor.
Application Process
  • Loan applications are considered complete once you submit your completed application
  • Once loan is complete, JCADA and HFL staff will review your application to ensure the information is accurate and complete
  • Your application will be presented to the HFL Executive Committee for review and approval
  • If the loan is approved, you will be sent a promissory note to sign and then the funds are disbursed

Application Form

Hebrew Free Loan Association of Greater Washington

P.O. Box 2752
Silver Spring, MD 20915
Phone: (301) 859-0346
​Email: [email protected]

​​Tax ID: 53-0227814
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