One in 10 Americans’ paychecks get docked to pay off debts - MarketWatch

One in 10 Americans’ paychecks get docked to pay off debts - MarketWatch

More than one-third of those wage garnishments were for student and consumer loans, like credit card or medical bill debt, according to the payroll processor ADP, which analyzed data for 13 million employees for the first study of its kind.
The data comes as American credit card debt hits post-recession highs, with the average household’s balance at about $6,802. And one in three Americans is dogged by collections, or debts more than 180 days past due, for credit card balances, child-support, medical or utility bills.
For most people, garnished wages went toward child support (41.5%). After student and consumer loans (35.4%), workers’ pay was also docked to pay off tax debts (18.3%) and bankruptcies (4.9%).
Those who earned $25,000 to $40,000 had their wages garnished for consumer debts more often than child support.



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