Rush Card Has Major Computer Glitch Causing The Lower Class Funds Not To Be Deposited On Their Card

Rush Card Has Major Computer Glitch Causing The Lower
Class Funds Not To Be Deposited On Their Card 
Russell Simmons 
BHR Hollywood Reports..........The final few days before a paycheck can be nerve wracking. That’s especially true for poorer Americans who generally have little wealth, no emergency cash, and limited access to credit to help them bridge the gap during a difficult time.

Customers of the so-called RushCards, mostly people without bank accounts, said they have missed
car payments.

Worse, some said they have been unable to purchase food or important items for their families.

 
Russell Simmons 
The problems with the RushCard started October 12, when a software upgrade in the transaction processing system caused many RushCard accounts to show a zero balance or caused customers to
have no access to their funds.

The company says the glitch has been mostly resolved, though thousands remain affected.

Russell Simmons, who is famous for co-founding Def Jam Records, signing groups like Public Enemy and Run DMC, and starting multiple businesses, including clothing lines—started RushCard 12 years ago.

Putting a hip-hop heavyweight like Simmons (who often refers to himself as Uncle Rush) behind this financial product helped it appeal to a very specific crowd—largely black and Hispanic Americans, a group that also makes up a disproportionate share of the country’s poor.
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