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Mary J. Blige Loan Default: Singer Sued for Over $2 Million

Posted Nov 29th 2012 10:40AM by Caitlin White
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Mary J. Blige Loan Default Sued Jamie McCarthy, Getty Images

There's more money trouble for Mary J. Blige. The R&B singer was accused of defaulting on loans for her charity earlier this year, and is now embroiled in another lawsuit.

Reuters reports that Blige and her husband Martin Kendu Isaacs are being sued for reportedly not making payments on a whopping $2.2 million dollar loan.

The suit was filed by Manhattan's Signature Bank, and alleges that the loan was taken out in October 2011 and the couple defaulted in July 2012. The bank seeks repayment for the original loan, plus $58,000 in interest.

Blige has been performing for over 20 years and has sold over 50 million albums. Despite the huge sales it appears the singer may have money problems. Reuters reports the she was not available for comment. Her publicist also declined to comment.

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Filed under: Soul/R&B, R&B News
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Angelo

just still cant sing looking crazy and all.. she needs the computer voice inhancer she's been using all these years. just can not sing!!!!http://thatgrapejuice.net/2012/02/mary-blige-delivers-stunning-star-spangled-banner/

February 17 2013 at 11:58 AM Report abuse Permalink rate up rate down Reply

Alicia Sanders

Doesn’t she have enough money from her singer’s career? Why would someone with who knows how million incomes have to borrow for a charity and even more never give it back? This is an absurd as for me. She has to be punished, it is irresponsibility after all. I would never believe that she’s got not enough money. I think that she has some savings from her 20 years performances.
Pay it all, Marry (+ interest rate of course). Hey Marry, don’t have enough money, you can get it here: http://paydayloansat.com/bad-credit-payday-loans/ online!

December 03 2012 at 3:38 AM Report abuse Permalink rate up rate down Reply

The Canoli King

Let's see,you apply for a loan,you get the loan,then you do not pay the loan. Manhattan Signature bank,please note,a signature is one thing for a loan ,a autograph is another. It's a sad thing when celeb's think that they can do this and just ignore the responsibility attached to their commitment. It's simple,Pay the Loan.

December 02 2012 at 1:41 PM Report abuse Permalink rate up rate down Reply

wdcarterjr

Why was she borrowing money for charity?

November 30 2012 at 1:02 PM Report abuse Permalink rate up rate down Reply

RICH

She belongs in a pink double wide in oakland

November 29 2012 at 6:54 PM Report abuse Permalink +2 rate up rate down Reply

Leonardo

lol - it's so funny to me, you poor, sore LOSERS are still taking every moment you can under any circumstance & situation to say something about Obama!! lol - It's so funny, you really have got to get over it. Use the negative energy to better you own life. Think about it, ok?!!

November 29 2012 at 6:37 PM Report abuse Permalink rate up rate down Reply