Find out about Pete Peterson-funded astroturf projects during the Fix your debt Portal.
‘Advance America’ had been https://speedyloan.net/installment-loans-nd established in 1997 and it is a publicly traded business under direction regarding the SEC. Advance America may be the biggest system of non-bank cash loan solutions in the usa. 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, ” 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 absolutely was created by current Chairman regarding 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 last year had been $623.86 million. 2
Ties to Pete Peterson’s “Fix the Debt”
The Campaign to repair the Debt could be the latest incarnation of a decades-long work by previous Nixon man switched Wall Street billionaire Pete Peterson to slash made advantage programs such as for example Social protection, Medicare, and Medicaid underneath the guise of repairing the country’s “debt problem. “
This short article is a component for the 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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