‘It left me with nothing’: the debt trap of payday loans
Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states. Read More
Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states. Read More
Payday loan rate cap in advanced stages at Capitol Read the Mankato Free Press article here MANKATO — Proposed legislation… Read More
Payday loans are rising, but a Minnesota proposal might soon put an APR cap on them Sherry Shannon thought… Read More
Payday loans can lead to a cycle of debt. Learn how these loans work and what resources you can use to relieve payday loan debt. Read More
Payday loans trap Minnesotans in a cycle of debt A bill in the Legislature would cap interest rates for payday loans at 36%… Read More
Read the article from Grace Deng in the Minnesota Reformer House legislators on Wednesday advanced a bill to… Read More
VIENNA WILSON Vienna Wilson is the board president of Exodus Lending, a nonprofit that helps Minnesotans get out of predatory lending debt. Read More
Anna Brelje Joined the Board of Directors in 2023 Anna Brelje is a co-founder and former board president of Exodus Lending. In her… Read More
Mike Steele Joined the Board of Directors in 2023 I definitely meet a certain kind of Minnesota stereotype: I grew up in MN,… Read More
“Anne Leland Clark: Payday loan debts have financially hobbled thousands of Minnesotans. Lawmakers and other elected officials must advocate for reform in lending practices,… Read More