Seems that Nick Cannon is having a little difficulties paying of his boo Mariah's $500,000 engagement ring. Apparently Nick tried to stiff the jeweler, but the jeweler wasn't having that so he threatened Nick's ass with a lawsuit. So now Nick is paying for the ring on an installment plan. This isn't that hard to believe, b/c if my memory serves me correctly the last thing he did was
Wildin' Out and shyt that was about 3 years ago. Nick better get to saving them dollars.
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