Dear Penny: do I need to utilize my savings to cover down my boyfriend’s pay day loan?
Final autumn, my live-in partner of four years had to miss weeks of work because of a vehicle accident and a household member’s death. He got a couple of loans that are payday around $1,300 to create ends satisfy.
He’s had to move it over many times and from now on the total amount is finished $2,500. He is able to only pay the charge that is monthly month to roll it once again.
We’ve always kept our money separate and bills that are split. My partner hasn’t been irresponsible with cash into the past. It absolutely was merely a sequence of bad luck that got him here. (more…)