payday loans
Date: Tue, 05/18/2010 - 12:23
A wage assignment is where you give the payday loan company the
A wage assignment is where you give the payday loan company the right to take all or part of your after tax salary until a certain amount of money has been paid, usually the entire amount of the loan, plus interest.
Quote:Originally Posted by Anonymouswhat happens if you sign a w
Quote:
Originally Posted by Anonymous what happens if you sign a wage assigment with a payday loan |
revoke it asap.wage assignments are voluntary,and revocable.draft a letter and give it to your HR or payroll person first then either send it or fax it to the pdl.then they can't use the assgnment after that.
Quote:Originally Posted by OVLG AttorneyA wage assignment is whe
Quote:
Originally Posted by OVLG Attorney A wage assignment is where you give the payday loan company the right to take all or part of your after tax salary until a certain amount of money has been paid, usually the entire amount of the loan, plus interest. |
don't pay attention to this.follow my post,and you will be fine.
You should follow Paulmergal's advice, but that doesn't invalida
You should follow Paulmergal's advice, but that doesn't invalidate what I said, which is what would happen if you didn't revoke the wage assignment (assuming you have signed one).
no but you speak in absolute's.nothing is certain in any situati
no but you speak in absolute's.nothing is certain in any situation.
Paul is correct, revoke it asap with your HR department, they ar
Paul is correct, revoke it asap with your HR department, they are revokable. lenders do not need court orders to have a wage assignment, so they use it as an easy way to get your money.
