No, PA. does not allow wage garnishment when it pertains to creditor action. Even though a credit card is unsecured debt, that does not mean the creditor does not have legal remedies for collection. They can file a lawsuit, if they win they will enforce a judgment in several ways, bank account levy, liquidation of nonexempt property, or liens against real property.
Yup. Though its usually done by a company that buys debts and then files suit. But yes, absolutely.
There is no such thing as unsecured debt. There is debt that is not secured by collateral. There is debt that is secured by your signature on a contract. And, yes, if the creditor has obtained a judgment against you for credit card debt, they may serve your employer with an order of garnishee and secure up to 25% of your paycheck per pay period.
Unsecured credit cards are easy to get because they have no restriction and anyone can get them. You do not need a good credit history or an account to get one.
An unsecured loan has a set repayment term. An unsecured line of credit can be paid off at your pace and can be used over and over.
yes u can
Credit cards are unsecured debt. If use your home to back up the Credit line. Yes they can.
Yup. Though its usually done by a company that buys debts and then files suit. But yes, absolutely.
A secured credit card requires a security deposit. An unsecured credit card is the traditional credit which does not require a security deposit.
There is no such thing as unsecured debt. There is debt that is not secured by collateral. There is debt that is secured by your signature on a contract. And, yes, if the creditor has obtained a judgment against you for credit card debt, they may serve your employer with an order of garnishee and secure up to 25% of your paycheck per pay period.
Unsecured credit cards are easy to get because they have no restriction and anyone can get them. You do not need a good credit history or an account to get one.
An unsecured loan has a set repayment term. An unsecured line of credit can be paid off at your pace and can be used over and over.
yes u can
Guaranteed unsecured loans are loans which are given to people regardless of their credit rating. The term unsecured loan means that it is not based upon a line of credit or assets of the recipient.
It is very difficult to get an unsecured loan with bad credit. This is because of the nature of the loan. When a person gets an unsecured loan, it means there is no collateral to back the loan up with.
Not at all! All business credit lines that you purchased will not display on your personal credit report unless you default on your repayments. You may get funds on your complete balance without affecting your debt to income ratio.
nope
There ain't any!