What We Do - Exodus Lending - Exodus Lending

Get out of predatory loan debt,
and into financial stability.

Exodus Lending is a nonprofit helping Minnesota families
break the cycle of predatory loan debt.

Exodus Lending
Stops the Predatory Loan Cycle

Learn how our predatory loan refinancing program works and see if it could be the right fit for you.

Our Program

We get Minnesotans out of predatory loan debt (payday, pawn, auto title, and online installment loans, etc.) and back on track financially by enrolling and supporting them in a 0% interest refinance program, lending up to $1,500 to qualified participants.

A Solution to End the Payday Lending Cycle in Minnesota

When a payday store opened nearby a church in South Minneapolis in 2011, the congregation took notice. They decided to take a stand with their fellow community members facing economic crisis. Exodus Financial Services, known as Exodus Lending, was founded as a first-of-its-kind nonprofit to solve the payday loan problem.

The Payday Loan Problem

Payday lending’s predatory and toxic impact on our communities can be equated to a modern form of slavery. According to research, the average family in payday debt is trapped in revolving payday debt for at least 5 months out of the year. This cycle hinders individual financial well-being as well as deters them from pursuing any financial future outside of paying off debt.

Monthly APR = 310%

On average, our borrowers come to us paying approximately 310% APR on their predatory payday loan.
After enrolling with Exodus Lending that drops to 0% APR.

1 in 20 Americans

According to a 2012 Pew survey, millions of Americans had payday loan debt.

We Listen

The first step is getting to know you and your situation.

We Refinance

We pay off your predatory loan of up to $1,500; no interest, no fees, no strings attached. You pay us back over 12 months.

We Support

We connect you with financial counseling and help you meet your savings goals.

Our Success


participant dollars saved


in loans refinanced


program graduates


I’ve had paychecks where I wasn’t in the hole already. It’s quite enlightening. It’s giving me hope and has just lifted a great deal off of my shoulders.

We are glad to pay back the loan in order to allow Exodus Lending to offer a loan to someone else who needs one.

I smile a little more. I’m a little bit happier. I walk with a lighter step. I hold my head up a little higher. Everyday is a brighter day.

Where We've Worked

Predatory lending is a problem across the state of Minnesota.
Every blue pin on this map is marking a zip code that Exodus Lending has worked in.