Exodus Lending is a nonprofit assisting minnesotans break out the cycle of predatory loan services and products such as for example payday advances, automobile name loans, and high-interest online installment loans.
Exodus Lending is just a 501(c)(3) nonprofit that refinances predatory loan financial obligation for Minnesota residents. We assist families and people get rid through the period of short-term, high-interest loans. This financial obligation cycle hinders individual financial wellbeing since well as deters the quest for any economic future away from paying down debt. By giving predatory credit card debt relief through a good and workable payment 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 making sure that they are able to break through the cycle to get out of 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 have to know the business or businesses which you have actually the loan(s) from, the following date you need to spend, plus the quantity needed seriously to spend down your loan in complete.
We are going to use one to put up an appointment that is one-on-one our system coordinator, Anna. In this visit, she’s going to walk you through our refinancing documents, put up direct deposit/ACH repayments, and set up a payment plan. Repayment has ended twelve months, with modifications available as required. Appointment slots can be found during company hours with a few night accessibility too.
After your enrollment appointment, Exodus Lending can pay your predatory loan off in complete. Your instalments to us shall start within 45 times after your visit. Exodus Lending charges 0% interest and $0 in finance charges within the full life of the mortgage. Make on-time monthly obligations to Exodus Lending to be eligible for incentives and boost your credit rating. Set a meeting up with a approved economic counselor and refer other people trapped into the financial obligation period to be eligible for extra bonuses. an optional check-in interview 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 compensated the mortgage down in complete. Finish the enclosed graduate survey and mail it back, or fill it away online. Later, please leave Exodus Lending an evaluation in your platform that is preferred, Bing, Twitter, Bing, etc).
Help other people by sharing your Exodus Lending tale. Your testimonial can help us advocate for modification, find participants that are new and acquire donations. We additionally encourage you to definitely inform your relatives and buddies users about Exodus Lending. Keep up with Exodus Lending emails to stay included even as we battle for a 36% rate of interest limit during the legislature.
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