Between financially helping his parents and losing income as a result of the COVID-19 pandemic, Jeremy Mazza landed into serious credit card debt. Relief came from a source he wasnt expecting: his partner, Ginna Lambert, who had come into a small inheritance. She suggested investing part of her bounty in their shared future by lending small amounts to Mazza that he could apply toward his debt.
It took a bit of convincing.
To have to ask for money when I was the provider and had parents who themselves were asking for money, I didnt want to follow in their footsteps and be taking, Mazza says. But thats not what this was, this was a caring thing.
Mazza and Lambert approached the situation with open communication and specific loan terms. An…
Read the full article at: https://www.bnnbloomberg.ca/how-couples-can-team-up-on-debt-repayment-1.1875693