Is Lindsay Lohan In Severe Credit Card Debt?

First Published: April 19, 2010 9:50 AM EDT Credit: WireImage

LOS ANGELES, Calif. -- Lindsay Lohan attends Perez Hilton’s ‘Carn-Evil’ Theatrical Freak and Funk 32nd birthday party at Paramount Studios in Los Angeles, California on March 27, 2010Caption Lindsay Lohan attends Perez Hilton’s ‘Carn-Evil’ Theatrical Freak and Funk 32nd birthday party at Paramount Studios in Los Angeles, California on March 27, 2010Lindsay Lohan certainly hasn’t cut back on her extravagant lifestyle lately – but is the starlet racking up massive credit card debt as she parties the night away?

According to Radar Online, Lindsay’s finances are approaching a breaking point and one credit card company is reportedly ready to sue the actress.

“Lindsay owes credit cards $600,000,” a Radar source claimed. “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 starlet, who once used to bring in bank for just showing at an event, now reportedly only makes from $5,000 to $10,000 for a club appearance.

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

News of Lindsay’s reported credit card woes follow reports from earlier this month that the starlet was reportedly two months behind on her rent and had to pay her landlord $23,000 in rent to become current.

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