By endorsing a borrower’s loan, you help us empower individuals to improve the quality of their lives. We appreciate your commitment and enabling us to support our community members who are in need.
Serving as an endorser is a big mitzvah and also a responsibility.
Below you will find answers to frequent questions about our endorser requirements and process.
Please feel free to call us at 514.733.7128 if you have any comments or concerns.
An endorser is legally responsible for the borrower’s debt should the borrower default on their loan payments.
Endorsers play an integral role in our lending model by making the loans more secure. Please note that most loans are repaid in full by the loan recipient.
To be an endorser you must: - Reside in Quebec - 18 years or older. - Not be a spouse of the borrower. - Not be a current borrower with the HFLA. - Not be married to an endorser on the same loan