School Teacher
Date: Tue, 10/05/2010 - 11:29
I just got a call from someone who stated that my paycheck would be garnished if I did not pay this loan from BMG. I have never heard of it and kept asking questions to which I kept getting different answers. How do I find out who to talk to about this. Will they really garnish my wages or are they just trying to get money out of me. I know this is not legitamate.
By the way, your wages can't be garnished without a court order,
By the way, your wages can't be garnished without a court order, however, a payday loan company usually includes in their contract a clause that states they can use a 'wage assignment' against you should you default on the loan, BUT, you can revoke their right to any wage assignments with a dated letter, then take a copy of the letter to your employer, done, they can no longer use the wage assignment.