Exodus Lending is really a helping that is nonprofit break out the cycle of predatory loan services and products such as for example pay day loans, automobile title loans, and high-interest payday loans Wisconsin online installment loans.

Exodus Lending is just a 501()( that is c) 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 financial wellbeing because well as deters the search for any monetary future away from settling debt. By giving predatory credit card debt relief through a reasonable and workable repayment plan, people can regain control of their funds and commence the trail toward economic security.

We provide as much as $1,000 to qualified individuals to make certain that they could break out the cycle and acquire away from predatory financial obligation. In the event that you or somebody you realize requirements assist with pay day loans, vehicle name loans, on the web installment loans, or another predatory product, give us a call at 612-615-0067 ext. 3.

Get in touch with Exodus Lending on the internet site or call 612-615-0067 & inform us regarding your present loan(s). We shall must know the organization or businesses which you have actually the loan(s) from, the second date you need to spend, as well as the amount necessary to pay down your loan in complete.

We’re going to assist one to arranged a private visit with our program coordinator, Anna. In this visit, she’s going to walk you through our refinancing documents, arranged direct deposit/ACH repayments, and establish a payment plan. Repayment is finished 12 months, with alterations available as required. Appointment slots can be obtained during company hours with a few availability as well evening.

After your enrollment visit, Exodus Lending can pay down your predatory loan in complete. Your repayments to us will start within 45 times after your visit. Exodus Lending charges 0% interest and $0 in finance charges throughout the life of the mortgage. Make on-time payments that are monthly Exodus Lending to be eligible for a incentives and boost your credit rating. Set up a gathering with a approved economic therapist and refer other people trapped within the financial obligation period to be eligible for a extra bonuses. an optional check-in meeting is provided about halfway through this system.

Upon the payment that is final Exodus Lending, you are going to receive a page showing you’ve compensated the mortgage down in full. Finish the enclosed graduate mail and survey it right right back, or fill it away online. Later, please leave Exodus Lending an evaluation on the platform that is preferred, Bing, Twitter, Bing, etc).

Assist other people by sharing your Exodus Lending tale. Your testimonial may help us advocate for change, find participants that are new and obtain contributions. We additionally encourage you to definitely inform your relatives and buddies users about Exodus Lending. Keep pace with Exodus Lending emails to keep included once we fight for the 36% rate of interest limit during the legislature.

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