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Bank Claims Mary J. Blige Owes Them Over $1.9 Million After She Defaulted On A Loan Again

Celebrity News

Bank Claims Mary J. Blige Owes Them Over $1.9 Million After She Defaulted On A Loan Again

Mary J. Blige’s financial drama is going from bad to worse after it was reported that the singer owes the bank over $1 million after defaulting on a loan …again.

According to the Jasmine Brand, Signature Bank and the singer have been at odds ever since she and her then husband Kendu Isaacs took a $2.2 million loan back in 2o10. The “No Drama” singer allegedly defaulted two years later and the bank sued then for the full amount and $58k in interest charges.

Blige claimed that she never defaulted, saying that she had already paid off $1.9 mill from the loan. A settlement was eventually reached and  Mary J promised to make payments of $20k a month until her balance was paid off in full.

Fast forward to 2017, the bank is back in court claiming that Mary defaulted on those payments and now they are demanding that a judge force her to pay the remaining $1,973,253 immediately.

 

 

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