Ja Rule probably regrets aligning himself with the Fyre Festival right about now.

 

The disastrous festival has resulted in social media humiliation, lawsuits, and now … being harassed by debt collectors.

 

The festival, created by Ja Rule and Billy McFarland, was apparently funded by $3 million in loans by a company who says they have not heard from either one about them about when they will be repaid.

RELATED:

Fyre Festival Organizers – Including Ja Rule Sued for $100 Million in Lieu of Festival Disaster

Documents reveal the two were supposed to be paying back the loan weekly, but the lender claims they haven’t received a dime since April 21.

 

The lender says now the loan has gone into default, so not only will Ja and Billy owe the $3 million, but also interest.

 

Life hits you fast.
To keep up with more stories like this,follow us on Twitter, Instagram, and Facebook!

About The Author Samantha Callender

Samantha Callender is a multimedia journalist whose work ranges from entertainment journalism to pieces highlighting social issues in multicultural communities. Samantha strives to find intersects between entertainment and social matters, believing that pop culture has the power to not only entertain the masses, but to educate them as well. Her goal when storytelling is to write pieces that serve as a catalyst to prompt dialogue and activism. Her work can be seen on VIBE, The Source, Jet Magazine, The Root, and Cosmopolitan Magazine.

comments (0)

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>