Russell Simmons Offers New Prepaid Visa Card

UniRush Financial Services, a new venture between Rush Communications, the media conglomerate founded by hip hop mogul Russell Simmons, and Unifund Corporation, a leading buyer and seller of distressed debt, today announced its new Rush Prepaid Visa(R) Card. The new Rush Card is part of a full range of new financial services being offered to Americans without relationships with traditional banking institutions. “Nearly 48 million Americans do not have a banking relationship or access to traditional banking systems,” said Russell Simmons, founder and chief executive officer of Rush Communications. “These people don’t have bank accounts, and often pay exorbitant check cashing and money transfer fees. The Rush Card and the services offered by UniRush will help put money back in their pocket and put them on the path to sound fiscal management.”