Find out more about Pete Peterson-funded astroturf projects during the Fix your debt Portal.
‘Advance America’ had been established in 1997 and it is a publicly traded business under guidance associated with the SEC. Advance America could be the biggest system of non-bank advance loan solutions in america. Advance America https://speedyloan.net/installment-loans-ri runs over 2,300 financing facilities in 30 various states. The company website states that Advance America provides “a range that is wide of, ” such as “payday advances, installment loans, gold-buying, MoneyGram® solutions, and income tax preparation. ” 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 associated with the Board, William Webster and previous Chairman associated with Board, George D. Johnson.
This new York stock market states that Advance America’s total income last year ended up being $623.86 million. 2
Ties to Pete Peterson’s “Fix the Debt”
The Campaign to repair 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 benefit programs such as personal safety, Medicare, and Medicaid underneath the guise of repairing the country’s “debt issue. “
This informative article is a component of this Center for Media and Democracy’s research of Pete Peterson’s Campaign to “Fix your debt. ” Please go to our sourceWatch that is main page Fix your debt.
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Advance America formally provided $110,750 to candidates that are federal the 2012 election period. 3 80% of these contributions went along to Republicans.
Placing the indegent in Debt
In February 2012, Mexican billionaire Salinas Pliego bought Advance America for $780 million. 4 a decade before that, Salinas’s Banco Azteca branches started providing loans to Mexico’s bad, frequently at 50 to 60 per cent rates of interest. “Advance America”の続きを読む