Lily Allen Has No $

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Word on the street is that Lily Allen has been beaten down by the recession and is broke. She even had to sell her $50K Beamer to pay off some loans.

“I’ve been hit big time by the credit crunch. Actually, I’ve just had to sell my car because I’m so broke. I bought a car last year and that was probably my biggest extravagance. Clothes, too. I’m always buying clothes. I’m completely skint.” “I’m waiting until I get the royalties from the (new) album and all the radio plays, but that takes about a year. I can’t even spend on credit cards. The banks will usually front your money in that kind of situation, but they are not lending at the moment, so it’s a tricky time.”

That sucks! At least she was able to sell the car. I find it hard to believe that she doesn't have some massive royalties coming in.