Credit Card News
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Other » Rap Star Nelly Being Sued By American Express

Rap Star Nelly Being Sued By American Express

By
Add to Favorites:
Rap Star Nelly Being Sued By American Express

Although Nelly has not had an album go platinum since 2004, he has remained relevant on the music scene in recent years. He even had his single “Just A Dream” ranked in the top five on the charts just last year. However, it would seem that things have not been going so hot for the 37-year-old rapper as he is currently being slapped with a lawsuit from American Express over some $20,000-worth of unpaid credit card debts.


The suit was filed with a Missouri court back in October against Cornell Iral Haynes, Jr., which is Nelly`s given name.


Perhaps Nelly`s most widely-recognized hit is the song “Hot in Herre,” released in 2002 on his album “Nellyville,” which gave him his first number 1 hit on the United States Billboard Hot 100 singles chart.


AMEX is seeking payment for a $20,403.64 credit card debt which they claim has been unpaid by the rapper. The credit card company is also asking for an additional $3,000 to cover attorney`s fees. A hearing is scheduled in the courts for January 9.


A man going by the moniker of “Slim” and claiming to be the star`s ex-manager has been making public statements as to the condition of Nelly`s finances and other personal matters, claiming that the rapper is taking steroids, has sacrificed most of his earnings to a gambling problem and is about to lose his home as a result of mounting debts. Nelly denies all of Slim`s allegations. Additionally, his real manager denies the fact that Slim was ever in that role.


For anyone finding themself drowning in debt, experts advise contacting creditors immediately – especially before falling behind on any payments. Simply ignoring one`s bills could ultimately lead to a lawsuit, as it did in Nelly’s situation. Many credit card companies will work with struggling borrowers to establish a temporary hardship repayment plan until they are able to get on their feet.

Add to Favorites:

Related News:

Financial Optimism is Up, But So is Income Stress

By Dar Dowling, Posted: September 29, 2016

Are you feeling more hopeful, yet are still a bit worried about whether or not you're making enough money? Continue reading
MasterCard Send Makes a Splash

By Dar Dowling, Posted: September 28, 2016

MasterCard and Stripe have teamed up so that U.S. sellers using Stripe marketplaces, like Postmates, Instacart and iCracked, can opt to make instant payouts via the Stripe interface, using MasterCard Send. Continue reading
Discover Nabs Three Spots on Money Mag’s Best Credit Card List for Third Consecutive Year

By Elizabeth Nelson, Posted: September 27, 2016

The Discover it Card, Discover it Miles Card, and Discover it Secured Card were all listed among the best credit card products on the market by MONEY Magazine, which recently released its Best Credit Cards report for 2016-2017. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit