By all accounts, the past month has been the worst in RushCard history, the pre-paid debit card company founded by Hip Hop
In the United States, one in five households are underbanked, meaning that while they may have a checking account, they also rely on a network of predatory financial service providers (such as check cashers, payday lenders, auto title lenders, etc) to make ends meet.
The prepaid card market was once the wild west of the banking industry. The players in the industry charged ridiculous fees, offered little in the way of added benefits, and treated cardholders poorly. Those days are long gone.
A waiter and occasional snowboard instructor, Crawford makes between $1,500 and $2,500 a month, depending on the season. He
On Monday hip hop mogul Russell Simmons announced a lower fee on hisRushCard. The fee drops to $7.95 from $9.95--for customers
But in an exclusive open letter delivered to The Huffington Post this morning, Simmons rebuts his critics' claims. With all