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According to Consumer Credit Protection Act, what is a limit on the amount of a garnishment for consumer credit? It must be less than 50%

According to Consumer Credit Protection Act, what is a limit on the amount of a garnishment for consumer credit?

  • It must be less than 50% of an employee's gross earnings.
  • It may be 75% of the employee's disposable income.
  • It must be a minimum of 10% of an employee's annual salary.
  • It cannot exceed 25% of an employee's disposable income.

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