Guarantor (co-signer) Application

This application is to be completed by a potential guarantor for an applicant who has submitted a Loan application. All applicants must be Cincinnati residents. Please read the Cincinnati Jewish Interest Free Loan (CJIFL) Website Privacy Statement here. After reading, complete all sections of this application. Contact Jim Friedman with any questions: [email protected].

Co-signers must demonstrate financial means and ability to repay the full loan amount and are liable for the loan repayment. In addition, co-signers must:

• The committee may require that at least one co-signer live in the Cincinnati area for at least one year and have United States citizenship or be a permanent resident. 
• Be at least 21 years of age. 
• CJIFL will consider no more than one family member not living in the same household as the applicant to act as co-signer to any loan. 
• Complete and sign the co-signer Application, co-signer Release of Information, and Promissory note. 
  

A co-signer may NOT be:

• Living solely on a fixed income from sources such as social security, welfare, or spousal or child support. 
• In or considering bankruptcy. 
• A borrower or co-signer on another currently open Hebrew Free Loan or CJIFL. 
• Spouse or partner of borrower. 
• Professionals working in the Jewish community, i.e. rabbis, cantors, Jewish Agency executives and staff etc. may not be co-signers. 
• Inactive military service. 
• A current recipient of emergency assistance grants.
  

PLEASE NOTE: SPOUSES OR SIGNIFICANT OTHERS CANNOT SERVE AS GUARANTORS, AND COUPLES WHO ARE MARRIED ARE CONSIDERED ONE GUARANTOR.