A 2006 Democratic gubernatorial prospect, whom resigned their chair and became CFSA’s executive vice president in 2007; longtime Democratic operative and 2010 gubernatorial candidate Dwight Drake; while the law practice of previous Democratic Governor Robert McNair. Steve Benjamin, Columbia’s very first mayor that is black once sat on Advance America’s board.
In fighting brand new laws, the industry has attempted to place it self as being a champ associated with the working class and individuals of color in specific. It commissioned a report arguing that payday lending benefits both populations, which Representative Harold Mitchell, a black colored user who also represents Spartanburg, presented towards the legislature. “Objective data that payday loan providers practices that are’ customers into predatory financial obligation rounds will not exist, ” the Mitchell report declared, contradicting sources which range from the Pentagon into the FDIC.