Breaking Predatory Lending Cycles – with Meghan Olsen Biebighauser of Exodus Lending

03/12/2025 30 min Episodio 16
Breaking Predatory Lending Cycles – with Meghan Olsen Biebighauser of Exodus Lending

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Episode Synopsis

Access to banking proves vital to participating in our economy, but many people have little or no access to mainstream banking. They sometimes have little choice but to take out predatory loans at extremely high interest rates—sometimes up to 400%. Exodus Lending in Minneapolis gives people an alternative banking tool to get out of predatory cycles.
Ross talks with their co-founder Meghan Olsen Biebighauser about how the organization started, how it listened to neighbors, and how this ministry opened up other vibrant avenues for loving neighbors in their city. Hear a powerful example of congregational discernment about loving neighbors.
Check out the work of Exodus Lending!

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