Payday loan question
Date: Thu, 09/16/2010 - 13:33
Has anyone heard of wage garnishment by a payday loan company even if in process of consolidation ?
A wage garnishment can only be obtained with a court order. A '
A wage garnishment can only be obtained with a court order.
A 'wage assignment' is voluntary and usually included in a payday loan contract. All you need to do is send them an email or letter revoking their right to any wage assignments you may have signed, date it, and take a copy to your employer. A wage assignment letter is only as good as the paper it's written on unless you show a copy to your employer!