When state advocates seek to increase protections for working people’s wages, opponents, broadly citing academic literature to support their position, often argue that increased protections for wages will decrease access to credit or increase the cost of credit.
Upon closer inspection, however, many of these studies do not examine wage seizure at all, or, when they do examine wage seizure directly, there are often significant limitations to the study.
Additionally, opponents to strengthening protections for wages neglect to mention academic literature suggesting that wage seizure protections may improve credit access or that the benefits of the protections outweigh the costs.
Ultimately, the relevant academic articles do not show a clear relationship between increasing the protections from wage seizure and decreasing access to credit.