The Mouthpiece: Jamie Fulmer of Advance America

• Fulmer: in the event that you Cap interest levels at 36% “We Can’t Pay the workers, We Can’t spend Our Local Landlords…Simply Put, It Would place Us Out of company. ” “Fulmer said a 36 % price limit would restrict Advance America to charging you $1.28 per $100 loaned for a two-week loan. “We can’t pay our employees, we can’t spend our neighborhood landlords … let alone assume the risk of a loan that’s collateralized with a check that is personal seven. 5 cents each day, ” Fulmer “Simply place, it might place us away from company. ” Argus Leader, 10/21/13

Fulmer: We Must Be Increasing Usage Of Payday Loans During Recessions

• Fulmer: In Recessions, Payday Lending Access Should Increase. CHRIS CUOMO (ABC NEWS) (Off-camera) because of the financial state, provided just how many individuals are residing paycheck to paycheck, why should not a product like yours be considered as cost gouging? JAMIE FULMER (ADVERTISING DIRECTOR) Well, you realize, this, that is an occasion, an unprecedented period of, of economic concern for an incredible number of Us citizens. And – therefore, you understand, we genuinely believe that, you understand, calls to get more usage of short-term credit that is financial, perhaps perhaps maybe not less. And, you realize, once again, we point out the truth that into the competitive marketplace, we’re reasonably priced. (more…)