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Russell Simmons: RushCard Crash Was 'One Of The Most Devastating Times In My Adult Life'

HipHopDX | Taryn Finley | Posted 11.18.2015 | Black Voices

By all accounts, the past month has been the worst in RushCard history, the pre-paid debit card company founded by Hip Hop pioneer, Russell Simmons. T...

Bernie's Brilliant Idea: Postal Banking

Mike Leyba | Posted 10.21.2016 | Business
Mike Leyba

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.

Russell Simmons' Debit Card Left People Stranded Without Their Pay

The Huffington Post | Shane Ferro | Posted 10.20.2015 | Business

Shannen Crews is waiting for her paycheck. Normally, it's posted to her prepaid Rush debit card on Tuesdays at 8 a.m. This morning, she woke up to fin...

11 Surprising Perks of Prepaid Cards

Rob Berger | Posted 03.11.2015 | Money
Rob Berger

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.

Catherine New

This Man Has Not Had A Bank Account In 14 Years | Catherine New | Posted 05.07.2012 | Money

Josh Crawford, 42, of Squaw Valley, Calif., has not had a checking account or credit card in 14 years. But that has not stopped him from participating...

This Card Will Charge You Less To Spend Your Own Money

Emily Cohn | Posted 02.14.2012 | Business

Paying for access to your own money might not sound like a popular concept, but the growth of the prepaid debit card market seems to prove this assump...

Trymaine Lee

Russell Simmons Defends Rush Card And Involvement In Occupy Wall Street | Trymaine Lee | Posted 11.30.2011 | Black Voices

Music mogul Russell Simmons has emerged as one of the most recognizable figures to throw his weight behind the Occupy Wall Street protests. But as of ...