We help Minnesotans seeking a way out of predatory loan debt.
I Need Help
Help a Friend in Need
Our Program
The Exodus Lending program meets people where they are today, and where they want to be financially.
Judgment-Free
Refinancing
Incentives
Interest
Reach out to Exodus Lending on the website or call 612-615-0067 & tell us about your current loan(s). We will need to know the company or companies that you have the loan(s) from, the next date you are required to pay, and the amount needed to pay off your loan in full.
Enrollment
We will work with you to set up a one-on-one appointment with someone from our program team. During this appointment, they will walk you through our refinancing paperwork, set up a payment method, and establish a repayment plan. Repayment is from 12-26 months, with adjustments available as needed. Appointment slots are available during business hours with some evening availability as well.
Program
After your enrollment appointment, Exodus Lending will pay off your predatory loan in full. Your payments to us will begin within 45 days after your appointment. Exodus Lending charges 0% interest and $0 in finance fees over the life of the loan. Make on-time monthly payments to Exodus Lending to qualify for incentives and improve your credit score. Set up a meeting with an approved financial counselor and refer others trapped in the debt cycle to qualify for additional bonuses. An optional check-in interview is offered about halfway through the program.
Graduation
Upon the final payment to Exodus Lending, you’ll receive a letter indicating you’ve paid the loan off in full. Complete the enclosed graduate survey and mail it back, or fill it out online. Afterward, please leave Exodus Lending a review on your preferred platform (Yelp, Google, Facebook, Bing, etc).
Post Program
Help others by sharing your Exodus Lending story. Your testimonial will help us advocate for change, find new participants, and fundraise for our organation. We also encourage you to tell your friends and family members about Exodus Lending. Keep up with Exodus Lending emails to stay involved!
Helpful Resources
In addition to our program, we offer free resources that can help people who have predatory lending debt.
LSS Financial Counseling (opens in a new tab)
LSS Financial Counseling offers free financial counseling and a variety of different services and resources for people working to resolve their debt and achieve financial wellness.
FamilyMeans (opens in a new tab)
Family Means offers free financial counseling and other financial solutions through its Consumer Credit Counseling Service.
Prepare+Prosper (opens in a new tab)
Provides free tax preparation, affordable banking products, and financial coaching.
Predatory Loan Alternatives (opens in a new tab)
A document from Exodus Lending, outlining options to pursue rather than taking out a predatory loan.
Additional Community Resources (opens in a new tab)
A downloadable document with contact information for a variety of organizations and resources, compiled by Exodus Lending.
You Can Help
Be a part of changing someone’s life. Every volunteer and financial donation empowers the community to achieve financial freedom.
Get Help
Every day, we’re empowering Minnesotans to break their payday loan debt cycle for good. If you, or someone you know has payday loan debt, and meets our program requirements, we can help.