Updates Archives - Exodus Lending - Exodus Lending

Stories and news from Exodus Lending and the financial industry

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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

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

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

January 2021 Update

Our Advocacy Efforts in Challenging Times It is a painful, emotional, and nerve-wracking time for those of us working towards justice. At Exodus Lending, we… Read More

December 2020 Update

Oh, what a year. With reckless abandon, 2020 has forced us to grapple with the precariousness of individual and communal health. This year has shown… Read More

Give to the Max Day 2020

It’s Give to the Max Day! That’s right. It’s Give to the Max Day once again! Of course, you probably already knew that. So let’s… Read More

November 2020 Update

Why Give to the Max for Exodus Lending? We’ll let Reuben explain: “It was just so wonderful what you did.” Following retirement from a… Read More

October 2020 Update

An Update on Our COVID-19 Response Thanks to a generous donation designated exclusively to provide direct relief to participants, Exodus Lending helped 241 Minnesotans impacted… Read More

September 2020 Update

$1,000,000 Saved! That’s right. Exodus Lending estimates our program has saved participants more than $1 million in interest and fees that they might have otherwise… Read More