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btd |
I live in IL and in IL you cannot face criminal prosecution for payday loans. Also, in IL you can rescind your VOLUNTARY wage assignment which means YOU force them to seek arbritation, because they CANNOT garnish except under COURT ORDER. check you laws! | |
btd |
You WILL be taxed by the IRS for a hardship withdrawal. If it is a 401K loan, that is a different story. Expect 10-20% tax hit | |
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