Some RushCard customers have been unable to access their money for more than a week.
RushCard / Via Facebook: RushCard
The past week has been a nightmare for Americans who use Russell Simmons' pre-paid RushCard debit cards and have been completely unable to access their money, including recent paychecks, thanks to glitches arising from a "technology transition."
Today marks the eighth day some customers are unable to access their funds.
On its own, that's stunningly awful. But RushCard, founded by Simmons in 2003, is specifically marketed to the 68 million Americans who can't access traditional banks and credit cards — which, according to the Federal Deposit Insurance Corp., tends to be "non-Asian minorities" and those who are "lower-income, younger, and unemployed." That is, the precise group of people who would be hit hardest by such a colossal failure.
Facebook / Via Facebook: RushCard
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