Hebrew Free Loan Association of Tucson

         Acts of Loving Kindness Since 1947......All Faiths Welcome

Loan Eligibility

Borrower Requirements:

  1. Must be at least 18 years old.
  2. Must be a resident of Southern Arizona including Pima, Cochise and Santa Cruz counties.
  3. Must complete borrower application.
  4. Must show proof of identification such as an Arizona Drivers License, Social Security card or State Identification. 
  5. If married, spouse must be a co-applicant and sign all required documents.
  6. Will demonstrate a genuine need like copies of bills to be paid or other documentation.
  7. Loans up to $750 require applicant to be currently employed full-time for at least two years and have an employer willing to participate in an automatic payroll deduction program, otherwise a guarantor is needed to secure loan.
  8. All loans require applicant to be currently employed and provide two months of salary documentation.
  9. Loans up to $3600 (unless $750 loan requirements are met with employment) require one guarantor and loans over $3600 require two guarantors. 
  10. Maximum loan amount is $5000.

Guarantor Requirements:

  1. Must be at least 25 years of age.
  2. Must complete guarantor application.
  3. Guarantors are individually and if married jointly responsible for the full amount of the loan if borrower defaults. 
  4. Guarantor must be interviewed either in person or by telephone. 
  5. Guarantors must have all paperwork notarized if they cannot attend interview in person. 
  6. Guarantors must have the financial means to repay entire loan if necessary. 
  7. Guarantors must have good credit and agree to a credit check.

The loan process:

To apply online, complete our Pre-Loan application. Once complete, a loan manager will contact you directly.

To begin the process over the telephone, Contact Us.

Once you have contacted the Hebrew Free Loan Association of Tucson, completed an application and have provided the required supporting documentation, we will determine your eligibility and schedule a confidential interview.

 A credit report will be generated on the guarantor(s). They will be contacted to schedule an interview with the loan manager to confirm their promissory note obligation. Once approved, you must return the completed promissory note and guarantor forms.

It takes approximately 10 business days from the time we confirm all required documentation has been received and for a determination to be made on the approval of loan applications.

The Hebrew Free Loan Association of Tucson respects the sensitive nature of this process and will uphold your confidentiality to the highest degree. The Hebrew Free Loan Association of Tucson reserves the right to approve or not approve every application in its sole discretion.

For more information about the loan process, Contact Us.