Pamela Anderson lives in trailer park, says Courtney Love

Baywatch babe Pamela Anderson seems to be going through some troubled times, with rock musician Courtney Love revealing that the actress is living in a trailer park.

Anderson, 41, is currently living in Malibu, and as per Love she does not even have a credit card.

"Pam Anderson doesn't even have a credit card," the New York Post quoted her as saying.

"And she lives in Paradise Cove -- which is in Malibu, but it's a trailer park in Malibu," Love added.

A doublewide trailer in the park costs around 325,000 pounds, and on the high side, homes are around 1.2 million pounds.

Anderson's manager had no comments regarding the matter.