Lindsay Lohan has certainly developed a reputation for spending like a movie star. Sadly though, her CV doesn’t stand up to the spending. Her last successful film was 2004’s Mean Girls and her most recent, Labor Pains, was a straight to DVD under achiever. As her acting career has been enduring this quiet spell, she has actually been featuring more and more on the Hollywood social scene. However, rather than starring in front of movie cameras, it’s paparazzi lenses and the small screen that have kept Lindsay Lohan in the social spotlight.

In that movie star tradition of keeping up appearances and maintaining a reputation, whether positive or negative, Lindsay’s party antics and spending habits have ensured she’s never short of column inches.

The 23 year old Lohan has been reported as having been cut off by one credit card company when her outstanding credit card debt passed the $600,000 mark. Admittedly, the credit situation for actors is a difficult one. The nature of the business is unreliable and the income is inherently random. The availability of credit is important to a lot of us and celebs feel this more acutely than most. When there’s no work coming in, profile can soon drop off and maintaining a high public profile can be so important to landing the work.

Lindsay supplemented her acting income by making appearances at clubs but these are less prevalent these days. Sadly, as her celeb status has waned, the invites have started to dry up. It’s not happened over night though. This has been an ongoing process and Lindsay should have got some debt help before the situation got to this stage. She fell a couple of months behind with her rent recently and was threatened with eviction.

If only Lindsay Lohan lived in the UK. Her credit card debt of $600,000 would definitely qualify her for an IVA. Unsecured debt of at least £15,000 that’s divided between at least three creditors would allow her to apply for an Individual Voluntary Arrangement that would free her from the burden of mounting debt. She could’ve gone to www.debtsolver.co.uk, quickly taken the free, impartial financial health check and been prescribed a course of treatment for her debt problem. It’s not too late though. Of course, the sooner you get debt help the better. So, if you’re in debt, don’t do like Lindsay Lohan. Drop by www.debtsolver.co.uk today.

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This entry was posted on Thursday, April 29th, 2010 at 12:59 pm and is filed under Debt News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.