News
Stories and news from Exodus Lending and the financial industry
November 2019 Update
It’s Give to the Max time in Minnesota! Starting NOW through the end of the day on Thursday, November 14th, we have a goal to raise $3,000 plus another $3,000 in matching funds to bring us to $6,000 in total. With $6,000, we can help 6 participants through our interest-free refinancing program. For more than 370 Minnesotans, our interest-free refinancing program is a gamechanger. People like Read more November 2019 Update
Laney Ohmans
Dolores “Laney” Ohmans Joined the Board of Directors in 2017 I’m a nonprofit communications and development professional with ten years of experience in the field. Currently, I’m the Annual Giving Manager for the National Network of Abortion Funds (look us up!). I’m a low-key finance nerd and a high-key advocate for economic justice and mutual Read more Laney Ohmans
Anaiah’s Story
For Anaiah,* everything seemed to cave in following the death of several close family members. Emotionally drained, she struggled to keep up with bills and other family obligations. On top of all that, her poor credit score made accessing affordable financing options difficult. In a moment of heightened vulnerability, she turned to a payday lender. Read more Anaiah’s Story
Financial Resources in Minnesota
Payday loans are often only a sliver of someone’s financial reality. Regardless of what hardship you may be facing, you are not alone, and someone can help. Before your next emergency occurs, identify where you can go and who you can talk to when you need additional support or guidance. Before your next emergency occurs, Read more Financial Resources in Minnesota
Gary Hess
Gary Hess Joined the Board of Directors in 2019 I am a retired attorney residing with my wife of 42 years in Greater Minnesota; St. Cloud to be exact. I spent my career as a banking attorney and consultant to financial institutions. My wife and I have three children: an actuarial fellow; a patent attorney; Read more Gary Hess
October 2019 Update
Imagine This: You’ve just entered a haunted house unlike any you’ve experienced before. The moment you open the door – and feel it quickly slam behind you, trapping you inside – it hits you: this was a mistake. You’re suddenly stuck and are unsure how to navigate this maze ahead of you. It’s sickening and overwhelming, frankly, to feel so hopeless and Read more October 2019 Update
Medical Expenses
For far too many people, receiving medical care leads to a financial nightmare↗ (opens in a new tab). Medical debt is a pervasive challenge for families in the United States, and our current healthcare system is inaccessible and unaffordable for thousands of low-income earners↗ (opens in a new tab). Yes, this crisis is daunting, but there are Read more Medical Expenses
September 2019 Update
Andrea’s Story In our four years of lending, Exodus Lending has helped more than 350 Minnesotans like Andrea break free from predatory debt through our interest-free refinancing program. That’s more than 350 individual tales of economic triumph over immoral, debilitating debt. We’re honored and proud to do this desperately needed work every day. While often difficult, tackling predatory debt Read more September 2019 Update
Ways to Give
Whether it’s through an employee matching program or stock transfers, there are many different ways to give to Exodus Lending. Download the pdf by following this hyperlink: Ways to↗ (opens in a new tab) Give EL Fundraising Materials_Ways to Give by Anika Riewe on Scribd
Ways to Support
Learn more about how you can support Exodus Lending’s work beyond monetary donations. Download the pdf by following this hyperlink: Ways to Support↗ (opens in a new tab)