HEBREW FREE LOAN ASSOCIATION OF WASHINGTON STATE
Interest-free Loans | Hebrew Free Loan Association of Washington State
The Hebrew Free Loan Association (HFLA) of Washington State, helps Washington State Jewish residents with interest-free loans.
* HFLA offers no-interest, no-fee loans that provide a safety-net and a gateway to opportunity for the Washington State Jewish community. We are the only provider of interest-free loans in the state.
* HFLA makes loans for up to $5,000. Loans of up to $7,500 are available for post-secondary education loans, i.e. for college, vocational or technical education from the Student Access Fund (SAF) which opens each Spring for applications.
* Repayments – Loan payment amounts are decided between the borrower and HFLA, and driven by the borrower’s individual circumstances so they can successfully repay.
* Repayments go into new loans – Each month we make new loans with the payments from current borrowers. This reduces our need to raise money each month.
* Our program is sustainable – HFLA has been incorporated in Washington since 1914 and has been helping our Jewish community all this time.