Effects

• Whenever a state or federal tax garnishment is recorded on your consumer credit report, your credit scores drop. Because no two credit histories are alike, there is no way to state equivocally how much improvement removing the garnishment will have on your consumer credit scores. One thing is certain, though: Having a tax garnishment recorded on your consumer credit report makes it difficult for you to obtain new lines of credit, and may increase interest rates for existing lines of credit.