Checking out “goal wallet” and an alternative solution to pay day loans
Hip-hop mogul Russell Simmons claims his UniRush LLC business is targeted at a population that is underserved individuals who avoid using banking institutions.
The prepaid credit card company hopes to introduce a new feature called the “Goal Wallet,” which will offer a $2 fee rebate to RushCard customers that maintain a balance of $500 or more in about four weeks. The business can also be checking out a substitute for the high-priced company of pay time loans.
“we have been the anti-bank — not in negative means,” Simmons told ABCNews.com. “I would like to work and build a thing that is empowering poor people,” he stated.
Simmons states that the RushCard debit card is employed by one or more million users and may be purchased for the fee that is one-time of3.95 to $14.95. A person can truly add funds to your card as required.
The main points for the card are located in an account ABCNews.com posted early in the day this week.