What You Should Know About Republic Finance Loans
What is Republic Finance?
Republic Finance is a company that specializes in making small loans to consumers. They usually have branches in shopping centres.
Sometimes they require people to pledge collateral for their loans. If the borrower doesn’t repay the loan, then Republic Finance can repossess the property.
Sometimes they will take vehicles for collateral and other times they will take household goods such as TVs, video game consoles, guns or jewellery.
Republic Finance mostly serves consumers. They often make loans to people even if they don’t have great credit.
Is Republic Finance Legit?
Yes, Republic Finance is legit. It is a limited liability company and makes legally enforceable loans.
If you do not repay your debt to them, they can sue you in state court. And while they make legitimate and enforceable loans it is always advisable to be careful about how much you borrow.
Can Republic Finance Garnish Your Wages?
Yes, Republic Finance can garnish your wages if they get a court judgement against you and they can sue you if you don’t pay your debt.
Learn more about wage garnishment in Mississippi here.
Can Republic Finance Debts Be Included in Bankruptcy?
Yes, Republic Finance debts can be included in bankruptcy and that can eliminate debts owed to Republic Finance.
Our Jackson Bankruptcy Attorney Can Help!
As a bankruptcy lawyer in Jackson, MS, The Rollins Law Firm has helped people eliminate thousands of dollars in debt owed to Republic Finance. If you would like to know more about your bankruptcy options, call The Rollins Law Firm for a free consultation.