Congrats to Russell Simmons, who's five year venture the prepaid Visa RushCard has reached the two billion dollar mark in deposits.The RushCard, which allows members to track their transactions online while including debt reducing strategies and restrictions to prevent overdrafting or over use. It allows people with bad credit to build up good credit.
"I'm personally very happy that RushCard is benefiting and empowering people exactly as it was intended," said Simmons in a statement. "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.”
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