Kristin Cavallari says she learned a painful $250K lesson involving her father at 22
Kristin Cavallari says she lost $250,000 after lending her father money in two unpaid loans when she was about 22 and filming The Hills. She described the experience as painful and said she believes the money will never be repaid.
Cavallari said her father first promised to repay a six-figure loan with interest, then asked for a second loan before acknowledging the first was outstanding. She says the experience taught her to set boundaries and that people are not obliged to lend money simply because they have it; she shared the story while discussing women’s financial independence on her podcast.
- Cavallari says two loans to her father left her $250,000 out of pocket.
- She was about 22 when she lent him the money.
- The experience taught her to set firmer financial boundaries.