In September 2012, the Associated Press reported that Young had spent much of the $34 million salary he earned in the NFL and was facing financial problems after defaulting on a $1.9 million high interest payday loan. Young filed a lawsuit seeking to stop the lender, Pro Player Funding LLC, from enforcing a judgment of nearly $1.7 million with a claim that the loan documents were forged and he did not knowingly execute the loan. However, Young had authorized $1 million in loan payments to Pro Player directly from his Eagles salary prior to defaulting and Young's signatures on loan documents were notarized. Young also filed lawsuits against his former agent, Major Adams, and a North Carolina financial planner, Ronnie Peoples, alleging that they misappropriated $5.5 million of funds. When asked to give a general assessment of Young's finances, Young's attorney, Trey Dolezal, stated "I would just say that Vince needs a job." Young's financial problems have reportedly been a result of lavish spending and, by his account, the betrayal of trusted advisers.