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Can an employer lend money to an employee and be able to deduct unpaid balance from final paycheck?

April 26, 2017able Balance deduct employee employer final lend money paycheck unpaid

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10 Posted

Can an employer lend money to an employee and be able to deduct unpaid balance from final paycheck?

1 Answer

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10 Posted

No, you can only take the payment that would normally be deducted, but not the balance. This is true even if the employee authorized a balloon payment in an agreement.