You receive student loans to pay for college- the funds credit a debit card that you can also use for books and living expenses- can a credit card company garnish these funds?

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1255401

2026-07-25 04:40

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No, a credit card company generally cannot garnish student loan funds that are disbursed to you for educational expenses, as these funds are typically protected for their intended use. However, if you withdraw the funds and deposit them into your personal bank account, they may become subject to garnishment if you default on your credit card debt. It's important to keep student loan funds separate and use them solely for educational purposes to maintain their protected status. Always consult a legal professional for specific advice regarding your situation.

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