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, vehicle name loans, and high-interest online installment loans.
Exodus Lending is really a 501()( that is c) nonprofit that refinances predatory loan financial obligation for Minnesota residents. We assist families and folks get rid through the cycle of short-term, high-interest loans. This financial obligation cycle hinders individual financial wellbeing since well as deters the quest for any monetary future outside of settling debt. By giving debt that is predatory through a reasonable and workable payment plan, people can regain control of their funds and begin the trail toward economic security.
We provide as much as $1,000 to qualified individuals in order that they are able to break through the cycle to get away from predatory financial obligation. In the event that you or some body you realize requirements assist with payday advances, automobile name loans, on line installment loans, or any other predatory product, give us a call at 612-615-0067 ext. 3.
Get in touch with Exodus Lending on the site or call 612-615-0067 & inform us regarding the present loan(s). We shall need to find out the organization or businesses which you have actually the loan(s) from, the following date you have to spend, together with quantity necessary to spend your loan off in full.
We shall utilize one to put up a private visit with our system coordinator, Anna. In this appointment, she’s going to walk you through our refinancing documents, put up deposit/ACH that is direct, and begin a payment plan. Repayment is finished a year, with changes available as required. Appointment slots can be obtained during company hours with a few availability as well evening.
After your enrollment visit, Exodus Lending will probably pay your predatory loan off in complete. Your instalments to us shall start within 45 times after your appointment. Exodus Lending charges 0% interest and $0 in finance costs within the full lifetime of the mortgage. Make on-time payments that are monthly Exodus Lending to be eligible for incentives and boost your credit history. Set up a gathering with an authorized economic therapist and refer other people trapped within the financial obligation cycle to be eligible for extra bonuses. an optional check-in meeting is provided about halfway through this program.
Upon the payment that is final Exodus Lending, you are going to get a page showing you have compensated the mortgage off in complete. Finish the enclosed graduate survey and mail it straight right right back, or fill it away online. Afterwards, please leave Exodus Lending an evaluation on your favored platform (Yelp, Bing, Twitter, Bing, etc).
Assist other people by sharing your Exodus Lending tale. Your testimonial may help us advocate for modification, find participants that are new and acquire donations. We also encourage one to inform your family and friends people about Exodus Lending. Keep up with Exodus Lending emails to keep involved once we battle for a 36% rate of interest limit during the legislature.
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