Federline Owes Bank Over $117,000

Kevin Federline now owes City National Bank at least $117,704, according to court documents released Thursday. The debt includes a credit card balance, a line of credit, and an overdraft line. The bank is suing the former rapper for the principal amount plus interest.

The interest rates vary by account. The credit card carries a 20.5 percent rate. The line of credit accrues interest at 7.5 percent. The overdraft line charges 18 percent. Court records indicate Federline had until August 2026 to pay off the credit card. The overdraft and line of credit were due earlier, in April and June 2025, respectively.

This is not his only recent financial dispute. Bank of America sued Federline in February for $12,186.64. The bank filed to dismiss that lawsuit with prejudice in June. That dismissal indicates Federline paid the amount owed in full.

In his October 2025 book, Federline described his history with child support payments. He received $20,000 a month for their two sons after his 2007 divorce from Britney Spears. That amount doubled to $40,000 a decade later when his custodial time increased. The payments dropped when their eldest son turned 18 in 2023.

Federline stopped receiving payments in November 2024. He told readers that the security his sons, Sean Preston, 21, and Jayden, 20, needed in Los Angeles came with a high price tag. He wrote that trying to maintain the lifestyle the boys were used to pushed expenses well over the monthly sum. "It added up fast," he wrote. "People hear figures like that and think you’re financially set. But the reality is far from that."

He denied coasting on Spears' money. "I was out there hustling, grinding, investing, working to build a solid foundation for myself and my kids," Federline wrote. He is the father of two children with ex Shar Jackson and two children with wife Victoria Prince. His attorney has not yet responded to requests for comment.