Hip Hop mogul-turned-philanthropist, Russel Simmons’ latest endeavor, the debt-reducing Visa RushCard, recently hit the two billion dollar deposit mark in a time when more Americans than ever can use the extra help. Simmons’ RushCard is a prepaid Visa Card, similar to a debit card that allows people with bad credit to have the same opportunities while building up good credit.
“I’m personally very happy that RushCard is benefiting and empowering people exactly as it was intended,” said Simmons.
The card allows members to track their transactions online while including debt reducing strategies and restriction to prevent over drafting or over use.
“In America today, no one should be left out or kept out of having access to the American Dream and financial services which a bank account or credit card provides to others. The fact that we have already helped our members manage $2 billion in transactions proves that RushCard is instrumental in providing access to those services that hundreds of thousands of people may not otherwise have.”
With the success of the card only five years after it was introduced, Simmons has added new features to the program to increase the chances of success. The online Spend Tracker and the RushPATH to Credit are new programs that make it possible for users to report their regular payment history to participating consumer credit reporting agencies while still easily tracking expenses.
Simmons expressed hope for the future saying, “As we celebrate this major accomplishment, we look forward to the day all Americans have the financial access and dignity they deserve.”
Reported by Benjamin Chesna.
Hi,
Mr. Simmons my name is Vonda Grant and I have a proposition for you…As a Philanthropist it’s obvious that you enjoy helping others through your favorite charities…but I offer you the opportunity to see your money work for you up close and personal which is something that you can’t do with charities…
You /we give and hope that the monies are appropriated and used in ways that is benefiting according to your specificity…and most cases we don’t really care as long as it’s used to be a Blessing right? We share a common Ministry interest who have spoken into our lives and the lives of so many people…
However, I’d like to share with you a New Concept that will revolutionize the Snack Food Industry.
A Joint Venture that would allow my dreams to come true; and with your help I too can BECOME a Philanthropist…! America loves to snack, and once this New PHAT SNACK Packed Product is out the pallet and taste buds will never be the same and forever changed…
This New PHAT SNACK is a set up for HUGE, ABUNDANT FINANCIAL BLESSINGS…It’s an expansion of what is already a popular item but it’s NEVER BEEN packaged like I DESIRE to introduce it to the WORLD…I Promise you this, you won’t be disappointed once I let you in on what it is…
With all the garbage out there that people are eating and calling it snack food…it makes me wonder how it got pass the FDA…! Bishop will tell you that this Snack Food is Primed for SUCCESS…I DESIRE TO BECOME WEALTHY, AND I SHALL BECAUSE I DESERVE TO BE WEALTHY; AND WHEN YOU SPEAK WITH THE BISHOP YOU WILL KNOW THE TRUTH…
I only ask this of you because I’m temporarily financially challenged…but I won’t be when GOD moves on your heart to
JV with me…! I’m also on facebook, twitter, stumbleupon, linkedin, and a few others…This project is a great thing to do and you can share your decision with me on facebook…
Set the example for all Millionaires and Billionaires to reach out and invest/mentor other creators like them selves and send them out to make a difference in the world as they have done…because think about it, the wealthy has been in a class of 2% for far too long and it time to share the wealth…Picture this frenzy, “I would not want to be the rich person holding a steak in a den of hungry lions…” When in fact it is the love of others for you, your product or service that made the rich-rich in the first place…!
Do more for those that seek a helping hand and not so much a hand out…
To Our SUCCESS,
Vonda