Rapper Tyga reportedly owes Choice Motors Credit seven figures for several cars he bought back in 2014 and 2013.
He was recently sued by the car loan company demanding that he pay the alleged outstanding balance on two vehicles, including initial payments and a steep interest incurred over the years. According to legal documents obtained by The Blast, Tyga, whose real name is Michael Ray Nguyen-Stevenson, owes over $1.3 million.
Tyga hit with a lawsuit over his luxury cars #EXCLUSIVE https://t.co/pqfWSeGVqC
— The Blast (@TheBlastNews) January 10, 2023
The 2016 lawsuit argued for $390,000 on a 2013 Lamborghini Aventador and $91,000 for a 2014 Bentley Mulsanne. The total amount in outstanding payments came to $481,000. However, with the accrued interest, Tyga was ordered to pay $1.3 million at the conclusion of the lawsuit, according to Choice Motors Credit. The exclusive report states that Compton rapper Tyga owes them $1,345,265.52.
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The outlet reported that Tyga had another issue of failing to make payments on other luxury cars. He was slammed with another lawsuit for just over $125,000 from another company on behalf of a Ferrari and Rolls Royce from 2015. On top of his issues with cars, he reportedly had financial problems with Showroom Interiors, a home-staging company, in 2021. The rapper was accused of receiving a myriad of services from the organization, including decorating and delivery of furniture and not paying them their owed amount for their work on his Los Angeles home.
The company alleged that he hadn’t paid them for two years and that the owed amount was around $84,000. As well as the owed amount, the lawsuit filed by Showroom Interiors seeks nearly $30,000 more in interest. The filings against Tyga all came before his 33rd birthday, in the span of almost just ten years.
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