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Stories and news from Exodus Lending and the financial industry

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June 2021 Update

Let’s Be “A-Loan” Together We are no longer “a-loan” and can be together once again at our summer fundraiser! Join us on Thursday, July 29th,… Read More

Banks and Credit Unions

While banks and credit unions are both financial institutions where you can keep, borrow, and grow your money, they are not exactly the… Read More

May 2021 Update

Call to Action: Contact your House Member! As the conference committee meetings continue at the Capitol, now is the time to contact your House member. Read More

Affordable Hobbies

We regularly discuss budgeting in terms of needs and wants, with a primary focus on prioritizing “needs.” However, this month, we want to highlight… Read More

April 2021 Update

Life in the Debt Trap Reese* first took out a payday loan to stay on top of the bills in her life. Unfortunately, the “short-term”… Read More

Rent

IMPORTANT PROGRAM UPDATE FOR CURRENT PARTICIPANTS Before we begin discussing managing rent, Exodus Lending is pleased to launch a new online payment platform. All current… Read More

March 2021 Update

Did you hear us on MPR News last week? In case you missed it, our executive director, Sara Nelson-Pallmeyer, joined Chris Farrell of MPR News… Read More

Opening a Credit Card

Credit cards seem essential for adult life, but the process of opening one can be confusing and intimidating. So this month, we’re making space to… Read More

February 2021 Update

Speaking Up to Stop The Spiral In Minnesota, licensed payday lenders can legally charge triple-digit annual interest rates. Based on our analysis of the most… Read More