Cash advance task shadows exec’s run for Connecticut governor

HARTFORD, Conn. — in the run for Connecticut governor, Republican businessman Bob Stefanowski touts their stints with blue-chip businesses like General Electrical and UBS Investment Bank. However the part getting all of the attention is their latest work as CEO of an international payday home loan company.

Competitors have actually piled in critique of Stefanowski’s participation with an organization providing loan items which can be not really appropriate in Connecticut. When you look at the GOP primary, one prospect’s adverts dubbed him “Payday Bob.”

The 56-year-old gubernatorial prospect claims their experience straightening out of the difficult, Pennsylvania-based DFC Global Corp. would provide him well repairing their state’s stubborn budget deficits.

“It really bothers me that i am being attacked on a business that we cleaned up,” Stefanowski stated in a job interview because of the Associated Press. “we brought integrity to it.”

Overview of Stefanowski’s tenure leading DFC worldwide Corp. from 2014 to January 2017 programs he enhanced its economic performance and took actions to meet up regulators’ needs. In addition it indicates he struggled to create lasting changes to methods described by experts as preying regarding the bad and individuals in economic stress. Continue reading →