Mary J. Blige

Hip-Hop Rumors: What's The 411? Mary J. Blige Defaults On $2 Million Loan

Mary J. Blige is having a bad year. First, the whole chicken fiasco went down with her KFC commercial, then the singer’s charity with Steve Stoute, “The Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now Inc,” was accused of stealing scholarship students.

Now, the singer and her husband Kendu Isaacs, have defaulted on a $2.2 million loan.

According to the Huffington Post, Signature Bank filed a lawsuite against MJB and Kendu in the New York State Supreme Court in Manhattan, seeking to recoup the original loan plus $58,000 in interest. The suit alleges that the loan was taken out in October 2011, and it was all good until Mary and Kendu stopped making payments in July 2012.

mary j blige and Kendu

Mary is yet to comment on the lawsuit, but expect her to say something on Twitter any day now. Mary has 50 million albums worldwide – there’s no way she’s broke…right?

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  • therealest1

    Delinquent shit.

  • mxtralive

    I coulda swore the the whole chicken fiasco went down with her Burger King commercial not KFC.

    • i’llpissinurcornflakes

      yup that’s correct

    • Terrance Goodman

      True

  • Sales don’t mean shit if you spend it bad.

    • They mean even less when your contract is so bad, you owe $$$ for every record sold!
      KFC?

      In DMX Voice : “That’s BFC! Burger King Fuggin’ Chicken!”

  • KingsCountyCrooklyn

    I’m still mad BK pulled that commercial off the air, black folks aren’t the only ones eating crispy chicken sandwiches with fresh lettuce & juicy tomatoes. Mary was a good choice cause we sure know how to sing about it. now if it was called the new (soul food chicken wrap with 5 choices of jungle sauce) that would be a problem……

  • Terrance Goodman

    Nice ripping ya idea from the comment section of the 1st Mary post
    Give me my writing credits

    • Terrance Goodman

      Ripping from the comment section n erasing posts nice

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  • SDS_Overfiend

    You Niggas think Mary is Broke for real? SMH!!! tell you what though.. she looking official in that Pic.

  • Slaughtr

    Just a lesson to be learned just because you see artist on tv and videos,fake ballin does not mean they have money, look at Toni Braxton nothing to show for her hard work a legend with a minimal bank account..still wanna be in the business?