Social Butterflies


Lindsay Lohan Reportedly owes $600,000 in credit card debt
April 19, 2010, 3:01 pm
Filed under: lindsay lohan | Tags: , , ,

Lindsay Lohan needs to hire a new money manager – and fast!

Just a few weeks after she was deemed “broke,” the troubled starlet is now said to be over half a million dollars in debt.

“Lindsay owes credit cards $600,000,” a source told RadarOnline. “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.”

LiLo’s hard partying and dismal acting career are reportedly to blame for her lack of income. Her last film, “Labor Pains,” had one run on television before going straight to DVD.

Though she used to make a fair amount of money by doing club appearances, Radar reports that the 23-year-old hasn’t been receiving nearly as many invitations as she used to and is only being offered a reduced rate of $5,000 to $10,000.

“One credit card company is going to discuss a payment plan for Lindsay,” the source said. “But if she doesn’t have the income and can’t make her payments, they are prepared to sue her.”

Her landlord is said to have sent her a legal notice notifying her that she must pay her late rent, or else move out. As a result, Lohan reportedly paid the $23,000 she owed in order to avoid being homeless.


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