Payday lender donations to politicians and political campaigns
Updated March 2016 - Alex Glorioso (Open Secrets)
Payday lenders are financial firms offering small, short-term loans designed to be paid back when the borrower next receives a paycheck. Such loans carry interest rates that seem small but are extremely high when calculated over the course of a year. Payday loan firms argue that they provide necessary credit to consumers who might otherwise not be able to get loans, but critics allege that the loans place many borrowers in a cycle of high-interest debt.
Among the provisions of the Dodd-Frank Act passed by Congress after the 2008 financial crisis were new restrictions on predatory lending to American consumers. The new Consumer Financial Protection Bureau (CFPB) has attempted to regulate the practices of the payday lending industry, though its efforts have been somewhat controversial. [Read more Background]
Party Split:
|
|
||
All Candidates:
|
$797,843
|
||
Incumbents Only:
|
$741,081
|
House
|
# of Members
|
Average Contribution
|
Total Contributions
|
Democrats
|
21
|
$8,852
|
$185,900
|
Republicans
|
57
|
$6,676
|
$380,561
|
Independents
|
0
|
$0
|
$0
|
TOTAL
|
78
|
$7,262
|
$566,461
|
(Move your cursor over the chart to
see dollar amounts.)
|
|
Contributor
|
|
Amscot
Financial
|
|
Advance
America Cash Advance Centers
|
|
Financial
Service Centers of America
|
|
Cash
Express LLC
|
|
QC
Holdings
|
|
Community
Financial Services Assn
|
|
Check
Into Cash
|
|
Ace
Cash Express
|
|
Checksmart
Financial
|
|
Dmp
Investments
|
|
Ohio
Consumer Lenders Assn
|
|
Online
Lenders Alliance
|
|
PLS
Financial Services
|
|
Jones
Management Services
|
|
Moneytree
Inc
|
|
Think
Finance
|
|
Community
Loans of America
|
|
Rebs
Inc
|
|
Check
City
|
|
Enova
International
|
Contributions to:
Democrats
Republicans
Liberal Groups
Conservative Groups
Democrats
Republicans
Liberal Groups
Conservative Groups
Presidential Candidates
Rank
|
Candidate
|
Amount
|
1
|
Bush,
Jeb (R)
|
$20,400
|
2
|
Rubio,
Marco (R)
|
$13,950
|
3
|
Clinton,
Hillary (D)
|
$6,245
|
4
|
Kasich, John (R)
|
$2,700
|
5
|
Fiorina,
Carly (R)
|
$1,500
|
6
|
Cruz, Ted (R)
|
$1,195
|
7
|
Sanders,
Bernie (D)
|
$175
|
Top 20 Senators
Rank
|
Candidate
|
Amount
|
1
|
Shelby,
Richard C (R-AL)
|
$82,700
|
2
|
Toomey, Pat (R-PA)
|
$22,700
|
3
|
Rubio,
Marco (R)
|
$13,950
|
4
|
Sasse, Ben (R-NE)
|
$8,500
|
5
|
Corker, Bob (R-TN)
|
$7,300
|
6
|
Ayotte, Kelly (R-NH)
|
$5,000
|
6
|
Vitter, David (R-LA)
|
$5,000
|
8
|
Portman, Rob (R-OH)
|
$3,700
|
9
|
McConnell,
Mitch (R-KY)
|
$3,500
|
9
|
Brown, Sherrod (D-OH)
|
$3,500
|
9
|
Scott, Tim (R-SC)
|
$3,500
|
9
|
Graham,
Lindsey (R-SC)
|
$3,500
|
13
|
Heller, Dean (R-NV)
|
$2,500
|
13
|
Burr, Richard (R-NC)
|
$2,500
|
13
|
Crapo, Mike (R-ID)
|
$2,500
|
16
|
Gardner, Cory (R-CO)
|
$2,000
|
17
|
Cruz,
Ted (R)
|
$1,195
|
18
|
Cotton, Tom (R-AR)
|
$1,000
|
18
|
Johnson, Ron (R-WI)
|
$1,000
|
18
|
Menendez,
Robert (D-NJ)
|
$1,000
|
18
|
Blunt, Roy (R-MO)
|
$1,000
|
18
|
Moran, Jerry (R-KS)
|
$1,000
|
Top 20 House Candidates
Rank
|
Candidate
|
Amount
|
1
|
Hastings, Alcee L (D-FL)
|
$40,200
|
2
|
Stivers, Steve (R-OH)
|
$40,000
|
3
|
Yoder, Kevin (R-KS)
|
$36,800
|
4
|
Duffy, Sean P (R-WI)
|
$30,400
|
5
|
Jenkins, Lynn (R-KS)
|
$28,900
|
6
|
Scalise, Steve (R-LA)
|
$25,500
|
7
|
Black, Diane (R-TN)
|
$25,300
|
8
|
Crenshaw, Ander (R-FL)
|
$24,000
|
9
|
Sinema, Kyrsten (D-AZ)
|
$21,500
|
10
|
Hensarling, Jeb (R-TX)
|
$15,300
|
11
|
Cardenas, Tony (D-CA)
|
$15,000
|
12
|
Scott, David (D-GA)
|
$14,500
|
13
|
Poliquin, Bruce (R-ME)
|
$11,249
|
14
|
Moore, Gwen (D-WI)
|
$10,500
|
15
|
Meeks, Gregory W (D-NY)
|
|
15
|
Brown, Corrine (D-FL)
|
$10,000
|
17
|
Fleischmann, Chuck (R-TN)
|
$9,800
|
18
|
Gowdy, Trey (R-SC)
|
$9,500
|
19
|
Luetkemeyer, Blaine (R-MO)
|
$9,000
|
20
|
McCarthy, Kevin (R-CA)
|
$8,500
|
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