Lindsay Lohan Owes Half A Million Dollars In Debt

By Devaki

Tuesday, April 20, 2010, 15:36

Lindsay Lohan (LiLo) owes more than half a million dollars in debt, after failing to pay up the credit card dues.

The 23 year-old actress has been facing ever since her acting career took a downward plunge. 'Mean Girls' star's hard partying ways have not helped the situation either. Though she used to earn a fair amount of money with her club appearances, she was not receiving nearly as many invitations as in the past. She was only being offered a reduced rate of 5,000 dollars to 10,000 dollars.

“Lindsay owes credit cards 600,000 dollars," said a source. “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 said.

“One credit card company is going to discuss a payment plan for LiLo. But if she doesn"t have the income and can"t make her payments, they are prepared to sue her," the source added.