Exodus Lending continues to change lives! - Exodus Lending - Exodus Lending

Exodus Lending continues to change lives!

By Sara Nelson-Pallmeyer October 20, 2016

Exodus Lending has now refinanced the loans of 93 persons trapped by payday loans and we look toward reaching 100.  A few more statistics:

  • The total number of participants who have repaid their loans in full and have “graduated” from Exodus Lending:  27 (and growing each month!)
  • Total number of loans refinanced:  124
  • Total amount refinanced:  $61,433
  • The average refinanced amount per participant:  $668
  • The average payday loan APR participants were paying before coming to Exodus Lending:  460%
  • The amount of fees and interest paid to Exodus Lending: $0
  • Total amount saved for participants (in 12 months): $240,243