Nicolas Cage’s financial problem

Apr 11 2010 Nicolas Cage does have great taste when it comes to cars considering the fleet of some of the best cars like the Mercedes and Toyotas adorning his garage. Unfortunately the celebrity has been found wanting when it comes to making timely payments for them. In the year 2007, he entered into a car lease arrangement with Premier Financial Services in order to take the pleasure of driving a 1964 classic Rolls Royce SC III. Not satisfied with this one, four months on, he went and leased a more contemporary 2002 Rolls Royce Corniche and found himself struggling to make the monthly lease payments for both of them. For somebody like Nicolas Cage, it should not have been a problem considering he makes close to $20 million every movie. His problem was that he could just not control his expenses.
The celebrity found himself having to return the cars even before the lease was over and that meant more problems for our celebrity considering that PFS decided to sue him. So unless he can work out a settlement with PFS, he would find himself in a lot of bother.

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