Government Loan Grants

1. bradfords Said,

   Honestly, any creditor can legally pursue you. That generally means that (assuming you are in violation of your agreement, or not paying them back) they can sue you and then win a judgment. After winning the judgment, then they can attempt to apply the judgment as a lien, levy, or even garnish your wages.

   Here is a list of what assets are exempt in Washington (scroll to your state):

   Frankly, most payday loan companies don’t legally pursue delinquent debtors… because it is really expensive to hire attorneys and go through the process. If you do get sued, or want specific advice, i’d recommend hiring an attorney who is licensed in your state.

   Good luck. Payday loans stink.

2. Bill C Said,

   Only if there is a court-entered judgment entered against you.

   It is illegal for a debt collector to threaten to garnish wages in order to force you to pay them. It is a violation of Section 807 and 808 of the Fair Debt Collection Practices Act – Meaning, you can sue the collection agency for violating the FDCPA.

3. mariko m Said,

   Be careful if you decide to apply for an online cash advance. Each state has different laws, and I’m not familiar with the Washington rules and regulations. Maybe you can find a local payday loan office so you can get advice before taking out the loan.

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