The Hebrew Free Loan Association of Baltimore City Inc. is a long-standing nonprofit that operates in the Greater Baltimore Jewish community by offering interest-free loans to eligible individuals and families. Established in the late 19th century, the organization has a history rooted in Jewish teachings that prohibit charging interest on loans, with the mission of delivering financial assistance without added debt burdens. Its primary functions include assessing applicant needs, underwriting loans based on community standards, and administering repayment in a manner that preserves confidentiality and dignity for borrowers. The organization serves a broad range of financial needs—from medical expenses and education costs to small business funding—within its defined regional scope. Governance is typically structured to align with the nonprofit’s charitable purpose, engaging community volunteers and staff to manage loan distributions, repayment tracking, and outreach within Baltimore’s Jewish community. The principal address at 5752 Park Heights Avenue situates the organization within a residential-to-commercial corridor that supports its community-facing operations.
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www.mapquest.comThe organization was founded on Henry Street on the Lower East Side in 1892 by a group of 11 men who contributed $95 towards making free loans. The organization's mission to make "free loans" was based on adherence to Jewish law prohibiting charging interest on loans, based on such biblical admonitions as the verse in *Exodus* (22:25) stating "If thou loan money to My people, to the poor by thee, thou shalt not lay upon him interest."
en.wikipedia.orgThe Hebrew Free Loan Association’s (HFLA) goal is to help people help themselves by making interest-free loans. No interest, ever! We offer a hand up, not a handout, to help our fellow Jews in Greater Baltimore meet life’s challenges. Baltimore, MD 21215 P: (410) 843-7536 [email protected] https://hebrewfreeloan.org/
www.jewishtogether.orgCongregational Bulletin from Oheb Shalom – March 2012 Like most Jewish communities, Baltimore is blessed to have a Hebrew Free Loan Association as one of its oldest communal institutions. Originally founded in 1898 to help Eastern European Jewish immigrants deal with short term emergencies, the Hebrew Free Loan Association does not charge interest for its two year loans. Based on the principle stated in Exodus 22:24 “If you lend money to my people.. Read More
hebrewfreeloan.orgPROVIDE INTEREST FREE LOANS TO MEMBERS OF THE BALTIMORE METROPOLITAN JEWISH COMMUNITY IN ACCORDANCE WITH JEWISH TEACHINGS AND TRADITION.
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Hebrew Free Loan Association is listed as a financial service provider in Baltimore, MD and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Hebrew Free Loan Association to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Hebrew Free Loan Association, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Hebrew Free Loan Association with other providers in Baltimore and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Hebrew Free Loan Association has a rating of 0.0, compared to the city average of 4.3.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Hebrew Free Loan Association requests. It is always best to call ahead using the phone number on this page so Hebrew Free Loan Association can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Hebrew Free Loan Association also offers: Loan agency.