Find out more about Pete Peterson-funded astroturf projects during the Fix your debt Portal.
‘Advance America’ ended up being started in 1997 and it is a publicly exchanged business under guidance regarding the SEC. Advance America could be the biggest system of non-bank advance loan solutions in america. Advance America runs over 2,300 financing facilities in 30 various states. The company website states that Advance America provides “a range that is wide of, ” including “payday advances, installment loans, gold-buying, MoneyGram® solutions, and taxation planning. ” The internet site’s tag claims “Loans as much as $25,000 in less than a full hour. ” 1
Advance America is headquartered in Spartansburg, sc where it absolutely was started by present Chairman of this Board, William Webster and previous Chairman associated with Board, George D. Johnson.
The brand new York stock market states installment loans rhode island that Advance America’s total revenue in 2011 had been $623.86 million. 2
Ties to Pete Peterson’s “Fix the Debt”
The Campaign to correct your debt could be the incarnation that is latest of the decades-long work by previous Nixon guy switched Wall Street billionaire Pete Peterson to slash acquired advantage programs such as for example personal protection, Medicare, and Medicaid underneath the guise of repairing the country’s “debt issue. “
This informative article is component for the Center for Media and Democracy’s research of Pete Peterson’s Campaign to “Fix your debt. ” Please check out our primary SourceWatch web page on Fix your debt.
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Advance America formally offered $110,750 to federal prospects in the 2012 election period. 3 80% of these contributions decided to go to Republicans. Continue lendo