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Garnishment laws allow the Federal government to take up to 15% of the borrower’s wages and/or up to 100% of IRS tax refunds. Some states allow student loan garnishments up to 25% of a borrower’s wages. In addition, no notice to the debtor is required to garnish tax refunds; nor do the lenders...
A sudden spike in sales might have created a need for some additional cash flow, or maybe that influx has created the need to expand. While a tailored business loan would seem to be the obvious choice, many smaller businesses still choose personal loans, favoring their simplicity and easy...
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