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Posted On November 29, 2020 In Investigation With 69 Views

The Mouthpiece: Jamie Fulmer of Advance America


The Mouthpiece: Jamie Fulmer of Advance America

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This payday financing mouthpiece and respected tweeter freely admits that payday advances are dangerous. He additionally claims that customers end up caught with debt rounds simply because they like pay day loans a great deal. Really.

The Information:

Jamie Fulmer Has Been Senior Vice President of Public Affairs at Advance America Since 2010

  • Fulmer is Senior Vice President of Public Affairs at Advance America since 2010. Their tenure during the business began in 2004 as Director of Public Affairs. Fulmer LinkedIn Profile, 4/30/15

Fulmer’s employer (Advance America CEO Patrick O’Shaughnessy) ended up being Appointed to your customer Advisory Board regarding the CFPB, Which Oversees Payday Lenders

  • CFPB revealed O’Shaughnessy’s Appointment up to A three-year term on its customer Advisory Board. At the time of his visit, CFPB Director Richard Cordray stated in a press declaration that Advisory Board users would “provide valuable input to greatly help us better comprehend the consumer economic market.” CFPB Press Release, 8/24/14
  • CFPB Oversees Payday Lenders like O’Shaughnessy’s Advance America. “The CFPB has authority to oversee the cash advance market and began its direction of payday lenders in January 2012.” CFPB Press Release, 11/6/13
  • CFPB Is Considering New Rules for the Payday Lending Industry That Will Probably Protect Customers. “During an industry hearing Tuesday on payday financing, CFPB director Richard Cordray stated the bureau happens to be trying to get the right approach to protect consumers available on the market for payday advances. (more…)
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