JFLA helps residents get through temporary financial crisis by offering loans without collateral, interest, or fees. We serve people of all races and all backgrounds. Here’s how it works (in 5 steps)…
Check to see if you are eligible. There are limits to who we can loan to, so check to make sure we can give one to you.
You’ll need someone to be a “guarantor.” A guarantor is a banking word for a friend, family member or employer that can be a backup if you can’t repay the loan. Larger loans might need 2 guarantors. We do have an Emergency Loan that doesn’t require a guarantor.
Start the process by filling out a pre-loan application. All loans need an application, but we make it as easy as we can.
Have a brief virtual meeting with a member of our team. We’ll review your loan and we’ll help you complete some electronic paperwork.
After everything is filled out and we have all the needed documents, we will review the application and let you know if you have been approved (usually in 48 hours).
Many credit cards will charge you up to 30% in interest. And Payday loans are much, much worse. Want to see how much you are really paying? And how you can pay zero interest?