Disrupting a System of Wealth Extraction

exodusA report on Exodus Lending from the Minneapolis Star-Tribune:

Exodus Lending, which launched two years ago from a Minneapolis Lutheran congregation as the first alternative to  payday loans, has made its 100th loan, including to 41 working-poor borrowers who were refinanced from the “payday loan debt trap” and repaid in full.

“We had no idea the program would grow this big and help so many people,” said Exodus co-founder Meghan  Olsen Biebighauser. Continue reading