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Advance America

Posted by: funnytodd   
July 20th,

Find out more about Pete Peterson-funded astroturf projects during the Fix your debt Portal.

‘Advance America’ ended up being created in 1997 and it is a publicly exchanged business under guidance of this SEC. Advance America could be the biggest system of non-bank cash loan solutions in the usa. Advance America runs over 2,300 financing facilities in 30 different states. The company website states that Advance America provides “a wide number of solutions, ” such as “payday advances, installment loans, gold-buying, MoneyGram® solutions, and income tax planning. ” The web site’s label claims “Loans as much as $25,000 in less than hour. ” 1

Advance America is headquartered in Spartansburg, sc where it had been launched by present Chairman regarding the Board, William Webster and former Chairman for the Board, George D. Johnson.

This new York stock market states that Advance America’s total income in 2011 ended up being $623.86 million. 2

Ties to Pete Peterson’s “Fix the Debt”

The Campaign to correct your debt may be the incarnation that is latest of the decades-long effort by previous Nixon guy switched Wall Street billionaire Pete Peterson to slash gained advantage programs such as for instance personal protection, Medicare, and Medicaid beneath the guise of repairing the country’s “debt problem. “

This informative article is component associated with Center for Media and Democracy’s investigation of Pete Peterson’s Campaign to “Fix your debt. ” Please go to our primary SourceWatch web page on Fix your debt.

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Governmental Efforts

Advance America officially offered $110,750 to federal prospects in the 2012 election cycle. 3 80% of the donations went along to Republicans. Read the rest of this entry »