Exodus Lending is really a helping that is nonprofit break out the cycle of predatory loan items such as for example payday advances, vehicle title loans, and high-interest online installment loans.

Exodus Lending is really a 501(c)(3) nonprofit that refinances predatory loan financial obligation for Minnesota residents. We assist families and folks liberate through the period of short-term, high-interest loans. This financial obligation cycle hinders individual well-being that is financial well as deters the search for any economic future away from paying down debt. By giving debt that is predatory through a good and workable payment plan, people can regain control of their funds and begin the road toward monetary security.

We provide as much as $1,000 to qualified individuals to ensure that the cycle can be broken by them and acquire away from predatory financial obligation. At 612-615-0067 ext if you or someone you know needs help with payday loans, car title loans, online installment loans, or another predatory product, call us. 3.

Get in touch with Exodus Lending on the site or call 612-615-0067 & inform us regarding the present loan(s). We shall must know the organization or businesses which you have actually the loan(s) from, the next date you need to pay, while the quantity had a need to spend your loan off in complete.

We are going to make use of one to create a private appointment with our system coordinator, Anna. In this visit, she’s going to walk you through our refinancing documents, arranged direct deposit/ACH repayments, and establish a repayment plan. Repayment is finished 12 months, with changes available as required. Appointment slots can be found during company hours with a few night access also.

After your enrollment visit, Exodus Lending can pay down your predatory loan in complete. Your repayments to us shall start within 45 times after your visit. Exodus Lending charges 0% interest and $0 in finance charges on the full lifetime of the mortgage. Make on-time monthly premiums to Exodus Lending to be eligible for a incentives and enhance your credit rating. Set a meeting up with an authorized monetary therapist and refer others trapped into the financial obligation period to be eligible for extra bonuses. an optional check-in meeting is provided about halfway through this system.

Upon the last repayment to Exodus Lending, you are going to be given a page showing you have paid the mortgage down in complete. Finish the enclosed graduate survey and mail it straight back, or fill it away online. Later, please leave Exodus Lending an evaluation on your own platform that is preferred, Bing, Twitter, Bing, etc).

Assist other people by sharing your Exodus Lending tale. Your testimonial can help us advocate for modification, find brand new individuals, and get contributions. We additionally encourage one to inform your family and friends users about Exodus Lending. Keep pace with Exodus Lending emails to keep included once we battle for the 36% rate of interest limit during the legislature.

Helpful Resources

We notice that our system acts a certain need and that there is certainly a wide array of economic emergencies that we can’t address. Please set aside a second to scan this a number of other nonprofit resources or install this list of options.

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FAIR is a accessible bank-account which includes checking and savings accounts on https://nationaltitleloan.net/payday-loans-ky/ the internet and via a mobile app.