Drowning in Debt - Exodus Lending - Exodus Lending

Drowning in Debt

By Sara Nelson-Pallmeyer July 13, 2016

A March 2016 report by Human Impact Partners and ISAIAH called “Drowning in Debt: A Health Impact Assessment of How Payday Loan Reforms Improve the Health of Minnesota’s Most Vulnerable” focuses on research which shows the negative effects of payday loans.
Exodus Lending’s co-founder, Anna Brelje and interim director, Meghan Olsen Biebighauser, were members of the advisory committee that helped shape this document.

This graphic depicts the vicious cycle that becomes the lives of people living in the payday "debt trap".
This graphic depicts the vicious cycle that becomes the lives of people living in the payday “debt trap”.

Read the entire report here