Rumor has it that not only is troubled starlet Lindsay Lohan broke off her ass, she owes as much as $600,000 in credit card debt! Lohan recently had to shell out $23,000 in late rent to her landlord to keep from being evicted and now it looks like she’s facing even worse financial woes.
An unidentified ‘source’ reportedly told RadarOnline.com that Lindsay Lohan currently owes over $600,000 in credit card debt. “One card cut her off last week and it’s only a matter of time before all her other credit cards cut her off too,” the source allegedly said. “One credit card company is going to discuss a payment plan for Lindsay… But if she doesn’t have the income and can’t make her payments, they are prepared to sue her.”
Lohan hasn’t been doing very well at earning an income lately. Her last film, Labor Pains, was pretty much a straight-to-DVD bomb and acting roles for the young drama queen are few and far between. Lohan doesn’t seem to have any trouble partying her ass off lately, but she’s no longer commanding the hefty appearance fees she used to garner from popping up at various nightclubs.
It wasn’t very long ago that Lohan’s landlord had to resort to threatening her with legal action to collect $23,000 in back rent she owed on her rental home. The Lindsanity just never seems to end, does it?
Lindsay Lohan was serious the other day when she said that “being unemployed is scary.” She’s reportedly blowing up her credit cards AND Samantha Ronson’s dough. The NY Daily News reveals:
According to friends of the two, Lindsayâ€™s overspending is out of control, and itâ€™s putting additional strain on the ladiesâ€™ already volatile relationship.
â€œLindsay is spending like crazy!â€ a friend of the actress tells us. â€œSheâ€™s living on credit right now. She has no cash. The problem is, the money being spent is mostly Samâ€™s because Lindsay doesnâ€™t really have any of her own at the moment; sheâ€™s really taken on the â€˜manâ€™ role in their romance. Sam really thinks Lindsay needs to learn how to become a recessionista and manage her money better.â€
A second pal agrees. â€œLindsayâ€™s money situation has never been great, but itâ€™s only gotten worse over the last month. For every dollar she makes, she spends double. Her personal appearance fees are literally the only thing keeping her afloat. But hereâ€™s the rub: Because of her explosive relationship with Sam, sheâ€™s unable to get the type of cash sheâ€™s used to. The negative press and constant appearance cancellations are hurting her pocketbook.â€
Guess the “leggings biz” isn’t going so great for Li-Lo either.