Kanye West Reportedly Took Out A HUGE Line Of Credit Ahead Of Buying Kim Kardashian’s $4 Million Ring Stolen In The Heist!

Get the latest on Yeezy's money troubles!

Well, here’s some interesting news.

Amid Kim Kardashian West‘s Paris robbery drama, it’s being reported by DailyMail how Kanye West took out a $2 million home equity line from JP Morgan on his NYC apartment in July.

For those who don’t know, this line of credit essentially works like a credit card, but must be paid off in FULL by a certain time (set by the lender). In this case, his records filed at the end of September reveal ‘Ye has to pay the loan off by 2036.

Related: Kim’s Stolen Diamond Cross Recovered!

The timing here is interesting because in case you don’t remember, it was only in August the rapper surprised his reality TV star wife with a $4 million ring!

Reportedly, it’s the same rock which was stolen in the now infamous heist which left Kimmy with $5.6 million less in jewelry…

Of course, that’s not to say he used the money to pay for the ring! West also has $53 million debt he’s previously tweeted about, which he may be making an effort to pay off.

Regardless, we can only hope the poppa of two is being responsible with his moolah!

[Image via WENN.]

Oct 11, 2016 1:30pm PDT

Related Posts

More Like This