Lily Allen has said that she has been hit by the credit crunch and is broke.
The Mirror newspaper reports that the pop singer has had to sell her BMW 320 convertible in an effort to make ends meet.
She said: "I’ve been hit big time by the credit crunch. Actually, I 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."
The singer, who has sold millions of records, continues: "I’m completely skint. I can’t even spend on credit cards. I mean, I won’t be, as I’m waiting until I get the royalties from the album and all the radio plays but that takes about a year.
"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."
