Find out more about Pete Peterson-funded astroturf projects during the Fix the Debt Portal.
‘Advance America’ had been launched in 1997 and it is a publicly exchanged business under guidance for the SEC. Advance America could be the biggest system of non-bank cash loan solutions in the usa. Advance America operates over 2,300 financing facilities in 30 states that are different. The company website states that Advance America provides “a wide variety of solutions, ” including “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 absolutely was established by present Chairman associated with the Board, William Webster and Chairman that is former of Board, George D. Johnson.
The brand new York stock market states that Advance America’s total income in 2011 had been $623.86 million. 2
Ties to Pete Peterson’s “Fix the Debt”
The Campaign to correct your debt may be the latest incarnation of the decades-long work by previous Nixon guy switched Wall Street billionaire Pete Peterson to slash made advantage programs such as for example personal safety, Medicare, and Medicaid beneath the guise of repairing the country’s “debt issue. “
This short article is a component regarding the Center for Media and Democracy’s research 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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