What is wage garnishment?

Wage garnishment is a process in which your employer is compelled legally to hold back your money, in order to pay back your loan. This happens only in the situation when you don’t repay your loans on time and the lender along with your employer directly deducts from your paycheck.

Especially, when you take a payday loan and are unable to pay it back to the lender, it makes you helpless.

Can a payday lender garnish your wages?

A payday lender can garnish your wages only if the following criteria are fulfilled: –

• If the payday lender sues you in the court for the amount they owed from you;
• And, if the court passes a judgment in their favor.

Only then wage garnishment can be performed by your payday lender, till that time you may receive certain kinds of threats initiated by the lenders. But, some lenders like PaydayLoanTeller try to settle down the dispute by offering the borrowers with a settling amount that the borrower is able to pay and agreeing on this way you can pay without your wages garnished and even going to the court.

But if the court summons you; do not ever try to avoid that or you will give full authority to the lenders to win the case by default; even without getting a chance to fight for yourself. Also, you should also be aware of some of the basic rights that can be applied when a debt collector crosses their limit.

Therefore, you should always be informed and abide by the court of laws.