Our tested program offers referrals to financial counseling, incentives for savings and support through relationship building.*
Freedom through refinancing.
We pay off predatory payday loans and program participants pay us back, with NO INTEREST and NO FEES, over the course of a year, instead of having to pay it back all at once.
Education through relationship.
As part of the program, participants receive financial counseling as well as the support and relational accountability of our program manager, who helps them stay motivated as they make progress to tackling their debt, creating a budget, and increasing their financial understanding.
Stability through savings.
If our participants would like help establishing a savings account, we’ll be there to help and encourage them in the savings goals they set with their financial counselors. As a reward for paying back their loan, attending financial counseling and meeting certain savings goals, Exodus Lending will contribute money to their savings account, helping our participants to build up some savings in order to weather the next financial hurdle, without turning to a predatory product.
Sound like the kind of help you need?
Have more questions? Get in touch.
*See how well we are doing!