Kevin Federline hit with staggering credit card bill after Britney Spears payments end
Key Points:
- Kevin Federline is facing a lawsuit over $117,704 in debt owed to City National Bank, including credit card, line of credit, and overdraft balances, following the end of child support payments from Britney Spears.
- Federline signed the agreement with the bank in late November 2024, coinciding with the final child support payment from Spears.
- Previously, Federline received $40,000 monthly in child support for their two children, which was later reduced to $20,000 after their eldest turned 18; he claims the payments were used for security and maintaining their lifestyle.
- The bank demands repayment by various deadlines in 2025 and 2026, along with accrued interest rates as high as 20.5% on the credit card debt.
- Federline’s attorney has not responded to requests for comment, and Federline has since remarried, tying the knot with Victoria Prince in 2013.