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''''Advance America'''' was founded in 1997 and is a publicly traded company under supervision of the SEC. Advance America is the largest system of non-bank cash advance services in the United States. Advance America operates over 2,300 lending centers in 30 different states. The company website states that Advance America offers "a wide range of services," which include "payday advances, installment loans, gold-buying, MoneyGram® services, and tax preparation." The website's tag claims "Loans up to $25,000 in under an hour."<ref> Advance America.net [http://www.advanceamerica.net/about-us About Us], accessed February 14, 2013</ref>
The New York Stock Exchange states that Advance America's total revenue in 2011 was $623.86 million.<ref>[http://www.sec.gov/Archives/edgar/data/1299704/000104746912002758/a2208026z10-k.htm 2011 SEC 10-K form], page 41; accessed February 14, 2013</ref>
==Ties to Pete Peterson's "Fix the Debt"==
The [[Portal:Fix the Debt|Campaign to Fix the Debt]] is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire [[Pete Peterson]] to slash earned benefit programs such as [[Social Security]], [[Medicare]], and [[Medicaid]] under the guise of fixing the nation's "debt problem."
This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." '''Please visit our main SourceWatch page on [[Portal:Fix the Debt|Fix the Debt]].'''
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==Political Contributions==
Advance America officially gave $110,750 to federal candidates in the 2012 election cycle.<ref>[http://www.opensecrets.org/pacs/pacgot.php?cycle=2012&cmte=C00429001 Advance America Cash Advance Centers Contributions to Federal Candidates], The Center for Responsive Politics, accessed February 14, 2013</ref> 80% of those donations went to Republicans.
[http://www.advanceamerica.net www.advanceamerica.net]
==Resources and articles=====Featured SourceWatch Articles on Fix the Debt=== * [[Portal:Fix the Debt|Fix the Debt Portal Page]]** [[Fix the Debt's Leadership]]** [[Fix the Debt's Partner Groups]]** [[Fix the Debt's State Chapters]]** [[Fix the Debt's Lobbyists]]** [[Committee for a Responsible Federal Budget|Fix the Debt's Parent Group]]** [http://www.sourcewatch.org/index.php?title=Category:Fix_the_Debt_Corporations Fix the Debt's Corporations]** [[Pete Peterson]]** [[Peter G. Peterson Foundation]]** [[America Speaks]]** [[Simpson-Bowles Commission]]** [[Erskine Bowles]]** [[Alan Simpson]]** [[Social Security]]** [[Medicare]]** [[Medicaid]]===References===
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[[Category:United States]] [[Category:Real Economy Project]] [[Category:Fix the Debt]] [[Category:Fix the Debt Corporations]]
