Emerald Marketing
Date: Thu, 11/18/2010 - 14:46
My loan defaulted after my bank account was closed due to lost card/checks (probably a good thing, after reading these posts). I am now being threatened with a judgment and wage garnishment in the amount of $1900+ for a $300 loan. What is the appropriate course of action? I know they are not licensed to lend in my state.
Have you received any copy of the judgement or wage garnishment?
Have you received any copy of the judgement or wage garnishment? Illegal lenders cannot garnish your wages since it needs a court order.
Can you tell us the names of the payday lenders and the name of the state where you reside?