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According to Consumer Credit Protection Act,what Is a Limit on the Amount

Question 53

Multiple Choice

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


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

Correct Answer:

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