Helping People Help Themselves
Interest free loans, no cost, no interest… changing lives one loan at a time!
TUCSON JEWISH FREE LOAN
Deeply Rooted in Jewish Tradition Since 1947
We are a Qualifying Charitable Organization in the state of Arizona. We are a member of the International Association of Jewish Free Loans.
Life can be challenging for all of us no matter our background, education or social status. Hard times are often hit with no warning at all. Sometimes people simply need support in achieving a lifelong dream. Our goal is to help people help themselves. Borrowers can feel they have a partner that believes in them and is their champion.
Whether financial assistance is needed to pay medical bills, rent and utilities, high interest loans (e.g., title loans, credit card debt), and other life events, Tucson Jewish Free Loan can help. We lend a hand to those in need, not a handout. Loan applicants are treated confidentially with loving kindness. Those who meet our established criteria have an opportunity to receive interest-free financial assistance while maintaining their self-respect and dignity.
TUCSON JEWISH FREE LOAN
How it works
To get a loan from Tucson Jewish Free Loan, start by reviewing the eligibility requirements to ensure you qualify. Then, complete the online application form, providing all necessary documentation and details about your financial needs. Once your application is submitted, it will be reviewed, and you will be contacted by a loan manager to discuss your situation further and schedule an interview. After the interview, your application will be processed, which typically takes up to four weeks. If approved, you'll receive the loan funds and begin repayment according to the agreed-upon schedule.
LOAN ELIGIBILITY
Learn about the loan approval, closing and repayment process and follow the easy step-by-step process.
LOAN APPLICATION
We offer several different loan programs to help you achieve greater financial stability.
REPAYMENT
Payment amounts are determined on a case-by-case basis. The payback period typically is between 10 - 24 months.
Since 1947, Tucson Jewish Free Loan has been lending a hand, not a handout, to those in need, helping people remain self-sufficient and maintain dignity by providing interest-free financial assistance.
Tucson Jewish Free Loan is a 501(c)(3) non-profit organization and an Arizona Qualifying Charitable Organization. If you are a resident of Arizona, you may be eligible to receive a dollar-for-dollar tax credit on your personal Arizona State Income Taxes.
Make A Donation
100% of your donation serves the Southern Arizona community.
Your donation significantly impacts many borrowers over time. Our funds are recycled from borrower to borrower giving them the hand up they need with hope and dignity.
If you prefer you can also contact us to make your donation directly.
LOAN APPLICATION
FAQ
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Fill out our online pre-loan application form
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The maximum loan amount is $7,500. Loan amounts vary greatly depending on the specific need and purpose. Available loan programs and amounts will be discussed with you during a confidential personal interview.
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Tucson Jewish Free Loan offers interest-free loans for unexpected expenses such as home/auto repairs, debt consolidation, medical expenses, and much more.
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You do not have to be Jewish to apply. Tucson Jewish Free Loan is a non-profit that provides interest-free loans to people of all faiths. However, some funds may be restricted to people of the Jewish Faith.
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Borrowers must be permanent residents of Southern Arizona including Pima, Cochise and Santa Cruz Counties.
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Bad credit does not necessarily make you ineligible for a loan. Each loan application is handled on a case-by-case basis. We will check the credit of both the borrower and the guarantor.
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We reserve the right to require a guarantor for any loan. Guarantors are people who agree to assume responsibility for the loan if the borrower becomes unable to pay for any reason. Applicants will be notified if a guarantor is required for their loan. We do not currently accept any other forms of collateral.
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To be approved to support a loan, guarantors need to have good credit, a stable income and be at least 25 years of age. Guarantors cannot have any current activity with Tucson Jewish Free Loan either as borrowers or guarantors. Guarantors must be willing and able to repay the loan if the borrower is unable to do so. Guarantors must complete the guarantor application and be interviewed.
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No, married couples are considered one borrower therefore a spouse cannot be a guarantor on a loan.
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Generally, it takes up to four weeks to process applications and verify documentation. You will be contacted in either case whether your loan has been approved or not.
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Payments begin approximately 15-30 days after the loan check is issued. Payment amounts are determined on a case-by-case basis during the interview. The payback period typically falls between 10 and 24 months.
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There are many ways in which you can support Tucson Jewish Free Loan. We are entirely supported by the generous contributions of our donors. Your donation will help us help others and support our loan agency operations.