Learn about Personal Finance

Financial literacy is about having the knowledge and skills to effectively manage your available financial resources. At Exodus Lending, we believe this means knowing how to navigate your personal finances and understanding the broader context that impacts your financial situation. Knowledge is power: strengthen your personal finances and advocate for yourself as a consumer today!

Take a Class – Online or In-person!

Typical courses cover many topics, including budgeting, establishing savings, tackling personal debt, and preparing for retirement. Many websites offer free, interactive courses, including:

  • Alison.com – “Financial Literacy” and “Introduction to Managing Your Personal Finance Debt”
  • Udemy.com – “The Core Four of Personal Finance” and “Personal Finance 101”

Additionally, there are in-person classes or counseling services offered by many local community centers, places of worship, and other organizations. Here are a few:

Understand your Consumer Rights!

Being financially literate is not a substitute for federal and state protections against deceptive practices and/or predatory financial services. You have a right to safety, information, and choice. The Consumer Financial Protection Bureau (CFPB) handles many consumer complaints and create protections for consumers. They recently released new rules for the payday loan industry, which you can read here.

Use your Voice!

Advocate for yourself, your family, and your community. Please share your experience with Exodus Lending’s program with people you feel may need our help, so that we can reach more Minnesotans impacted by payday loans. Sharing not only your own struggles with payday loan debt, but your triumphs and financial accomplishments can be empowering and fulfilling. Together, we can take control of our finances.

Money Management E-Newsletter: October 2017

Categories: E-newsletters, Money Management

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Our Mission

Exodus Lending provides trapped payday borrowers a just pathway to financial stability.

Our Values

Transformation
We seek lasting change for the individual, for financial institutions, and for society at large.

Relationship
We desire a strong relationship with our clients and with community partners who further our shared goals.

Transparency
We aim for clarity with our clients and donors every step of the way.

Faith-Rooted Action
We are people of faith who believe that the work of liberation is central to the traditions we embody.

Contact

MEETINGS BY APPOINTMENT ONLY
CONTACT US FOR ADDRESS
Minneapolis, MN 55406

CALL: (612) 615-0067

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