Lenders providing predatory payday, auto title, or installment loans design their products to keep borrowers in a cycle of debt. And for many Minnesotans caught in the spiral, it can be hard to see a way out – until they learn about Exodus Lending. In order to reach more people, our team has been working hard on new marketing efforts. We are thrilled to share our latest project – a promotional video made in partnership with Slalom Minneapolis!
Here are other ways you can help us connect with more Minnesotans looking to break free from predatory debt:
Minnesotans for Fair Lending is a non-partisan campaign dedicated to reforming and eradicating predatory aspects of payday lending in Minnesota. If you want to follow their efforts to enact a 36% interest rate cap in Minnesota communities, then you can sign up for their mailing list or join their coalition.
Last month, we announced the hiring of our new Executive Director, Anne Leland Clark! If you’d like to connect with Anne, please email her at [email protected] or call 612-615-0067 ext. 2.
In case you missed it, here are some of the latest news items on predatory lending:
Exodus Lending E-Newsletter: February 2022