Exodus Lending is a nonprofit helping minnesotans break out the cycle of predatory loan items such as for example payday advances, vehicle name loans, and high-interest online installment loans.
Exodus Lending is really 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 reasonable and workable payment plan, people can regain control of their finances and commence the trail toward economic security.
We provide as much as $1,000 to qualified participants in order that the cycle can be broken by them and acquire away from 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 internet site or call 612-615-0067 & inform us regarding the present loan(s). We’ll need to find out the business or businesses you have actually the loan(s) https://www.autotitleloansplus.com/payday-loans-nj from, the following date you need to spend, together with quantity needed seriously to spend down your loan in complete.
We’re going to utilize one to arranged a private visit with our program coordinator, Anna. With this visit, she’ll walk you through our refinancing paperwork, put up deposit/ACH that is direct, and set up a payment plan. Repayment has ended twelve months, with changes available as required. Appointment slots can be found during business hours with some availability as well evening.
After your enrollment visit, Exodus Lending can pay down your predatory loan in complete. Your instalments to us will start within 45 days after your visit. Exodus Lending charges 0% interest and $0 in finance charges throughout the full life of the mortgage. Make on-time monthly obligations to Exodus Lending to be eligible for a incentives and enhance your credit history. Set up a gathering with an authorized economic therapist and refer other people trapped within the financial obligation period to be eligible for additional bonuses. an optional check-in meeting is provided about halfway through this program.
Upon the payment that is final Exodus Lending, you will get a page showing you have compensated the mortgage down in complete. Finish the enclosed graduate mail and survey it straight straight straight back, or fill it away online. Afterwards, please leave Exodus Lending an assessment on your own favored platform (Yelp, Bing, Facebook, Bing, etc).
Assist other people by sharing your Exodus Lending tale. Your testimonial may help us advocate for modification, find brand new individuals, to get contributions. We additionally encourage you to definitely inform your relatives and buddies people about Exodus Lending. Keep up with Exodus Lending emails to keep involved once we battle for the 36% rate of interest limit during the legislature.
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