Exodus Lending is breaking the cycle of pay day loans

Pay day loans are becoming a complete great deal of attention these days. An online payday loan is a little, short-term, unsecured loan removed to pay for an urgent situation, also it’s meant to be paid back using the next paycheck. But, the attention and costs charged are almost constantly exorbitant—and can make a period of financial obligation this is certainly quite difficult to split.

Exodus Lending was borrowers that are helping by payday financing as it launched its doors 1ВЅ years back. The brain-child of Holy Trinity Lutheran Church (HTLC) within the Longfellow community, its two-person staff has directed over 100 individuals in relation to stability that is financial. Read more