Tag: debt settlement california
Credit card debt is a widespread problem in the US: an estimated 29 million Americans have carried a credit card balance for more than two years, while 1 in 4 do not regularly pay off their balances each month. In total, Americans owe nearly $784 billion to credit card companies, while individual households owe an average of $17,000.
A common tactic creditors use to intimidate people into making a payment right then and there is threatening to garnish wages. So, can credit card companies garnish your wages? The short answer is yes.
Chances are if you’re in over your head in unsecured debt, you’re probably trying to find ways to scale back your monthly budget so you can start paying your way toward financial freedom.