Back in November Mary J. Blige was sued by Signature Bank for defaulting on a $2 million bank loan. Now Mary is being sued by Bank of America.
Reports Rhymes With Snitch via NY Post:
R&B diva Mary J. Blige is singing the money blues after she allegedly defaulted on a $500,000 Bank of America loan, according to a new lawsuit.
The 41-year-old Blige — whose album sales have topped 50 million — took out the loan in 2005 and made payments through June 2011, when she abruptly stopped, the Manhattan Supreme Court suit claims.
The soulful singer now owes more than $511,000, which includes a $497,000 unpaid principal plus interest, court papers charge.
The Bronx-born recording queen has reportedly defaulted on sizable loans in the past.
Reps for Blige did not return phone calls.
And now…
This is EbenGregory.com…telling you she made payments for 6 yrs and only $3000 principal was paid? What kind of interest rate was that?
That’s probably why she stopped paying? She was getting shafted by Skank of America, and that’s why they are getting sued by everybody else. BOA ain’t shit!!!