Jubilee Experiment
Jubilee Experiment
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    • Home
    • Our Process
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    • Our Story
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  • Home
  • Our Process
  • Events
  • Our Story
  • Contact Us
  • FAQ

Our Process

The Jubilee Experiment seeks to understand applicants' most critical needs to ensure they can get help when and where most needed.

Check Eligibility

Check Eligibility

Check Eligibility

Potential clients are asked to fill out an application through our partner, Heart of Hannah to confirm eligibility. Application questions include contact information, current financial obligations and sources of income, and where help is most needed.

Choose Loan Type

Check Eligibility

Check Eligibility

A loan type, amount, and terms of repayment will be determined with the applicant based on a number of factors.

Interview

Check Eligibility

Receive Loan

One of our team members will reach out to the applicant to ask a few simple questions to better understand current needs.

Receive Loan

Check Eligibility

Receive Loan

The determined loan amount will be wired to the client's bank account. 

Loan Types

Installment Loans

Installment Loans

Installment Loans

  • Borrowers will receive low-interest loans of up to $1,000
  • Term of loan: 12, 24, or 36 months
  • The interest rate on installment loans is set at five percent (5%) per year, accruing daily.


**A unique feature of the Jubilee Experiment installment loan is the opportunity for borrowers to earn back 100% of the interest that they paid on the loan when the loan is completely repaid.

Cash Advance Loan

Installment Loans

Installment Loans

  • Term of loan: Next Pay Period
  • No fee or interest is charged in connection with the short-term loan.

General Requirements

Employment

Employment

Employment

You do not have to be employed but you must have a steady source of recurring income payments (example: Earned Income, Social Security,
etc.) to ensure you will be able to repay your loan.

Age

Employment

Employment

You must be at least 18 years old.

Bank Account

Bank Account

Bank Account

You must have an active bank account at a recognized financial institution in order to receive/send ACH wires. 

Bankruptcy

Bank Account

Bank Account

You must not currently be a debtor in a bankruptcy case or presently
intend to voluntarily file for bankruptcy relief.

Inquire About Our Loans

Contact Us

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Jubilee Experiment

Copyright © 2022 Jubilee Experiment - All Rights Reserved.


Jubilee Experiment is a registered 501(c)(3) nonprofit organization.

All donations in the United States are tax deductible in full or part.

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