Exodus Lending is a nonprofit dedicated to helping Minnesotans break free from predatory debt through interest-free refinancing. You know that (of course), we know that (duh), but the question is… who doesn’t know? And how can we help spread the word about what we do?
We are always looking for ways to share our work with new people, because the more people who know about our services, the more likely someone in need of debt relief can get the help they deserve. And we believe the best place to start than with the people who know us best – our supporters.
Here are some ways you can help us spread the word to more Minnesotans.
Welcome our new Communications and Fundraising VISTA, Belle Huberty, to Exodus Lending! Belle is a Justice and Peace student at St. Thomas with a passion for equity, workers’ rights, class issues, and the environment. She’s excited to work with us this year, and we’re excited, too.
Over the last few months, Exodus Lending’s leadership team and statewide partners have held several meetings with staff members of several Minnesota elected officials to discuss the gross injustice of predatory lending in Minnesota. They met with staff from the offices of Rep. Dean Phillips, Rep. Tom Emmer, Sen. Amy Klobuchar, and Sen. Tina Smith. Our meetings have focused on addressing the importance of supporting the Veterans and Consumers Fair Credit Act (HR 5050 in the House and S. 2833 in the Senate), which would place a nationwide 36% APR cap on consumer loans. We were thrilled to learn from her staff that Sen. Smith has committed to signing on as a co-sponsor to that bill soon.
We have rescheduled our LIVE virtual event with the Theater of Public Policy for Thursday, October 8, 2020. Stay tuned for more details next month!
In case you missed it, here are some of the latest news items on predatory lending:
Exodus Lending E-Newsletter: August 2020