Exodus Lending is breaking the cycle of pay day loans

Payday loans are receiving a complete large amount of attention today. A quick payday loan is a little, short-term, unsecured loan applied for to pay for a crisis, also it’s meant to be paid back using the next paycheck. Nevertheless, the attention and charges charged are almost constantly exorbitant—and can make a period of financial obligation that is quite difficult to split.

Exodus Lending is borrowers that are helping by payday financing as it exposed its doors 1ВЅ years back. The brain-child of Holy Trinity Lutheran Church (HTLC) into the Longfellow community, its two-person staff has led over 100 individuals on the road to stability that is financial.