Updates Archives - Exodus Lending - Exodus Lending

Stories and news from Exodus Lending and the financial industry

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October 2021 Update

500 Minnesotans Served! Recently, Exodus Lending surpassed 500 participants enrolled all-time! For these 500 participants, our program has refinanced more than $400,000 of predatory payday,… Read More

September 2021 Update

Executive Director Transition After careful consideration, I have decided to retire in early 2022 and begin the transition process to find a new Executive Director. Read More

August 2021 Update

Exodus Lending in the News Exodus Lending strives to be a public voice speaking up against the harm caused by predatory lenders. To that end,… Read More

July 2021 Update

Join us on Thursday, July 29th! We are no longer “a-loan” and can be together once again at our summer fundraiser.  Exodus Lending is excited… Read More

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

Annual Report 2020

Exodus Lending’s full Annual Report can be downloaded by following this hyperlink: Annual Report from 2020… 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

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