Frequently asked questions:

What does the loan look like that employees take out with Salarise?

A principal amount of €1.000 to €25.000;
A duration of 6 months to 10 years;
fixed interest rate;
monthly payments in an annuity manner.

Which employees are (currently) eligible for a loan?

Residence in The Netherlands;
age at start of the loan between 21 and 65 years;
Dutch bank account at a licensed bank in the European Union;
fixed monthly income from a permanent employment contract with a company based in the Netherlands. Or in the case of a fixed-term employment contract: the employee can take out a loan with a term shorter than the term of the employment contract. With a minimum of 6 months.

How does the payment of the interest and the repayment work?

At the time the employee takes out the loan with Salarise, an authorization is given by him/her/it to collect the monthly interest and repayment via direct debit to Salarise's account.

After the salary payment, Salarise debits the amounts due from the employee's bank account.

Is an early repayment of the loan free of penalty?

You are always allowed to repay part or all of the loan at no extra cost.

Is Salarise anonymous?

Salarise is 100% anonymous. The company gets to know absolutely nothing about employees' loans or their financial situation.

Does the employee have time for reflection?

The loan agreement may be cancelled by the employee, free of charge and without stated reason, within 14 calendar days of the commencement of the agreement.

If the loan amount has already been given to the employee prior to the cancellation of the agreement, the loan amount plus interest accrued up to that point must be refunded to Salarise within 30 calendar days of cancellation.

What can employees use Salarise for?

Employees can use Salarise to pay off existing loans, overdrafts, credit card bills and other arrears But also for large purchases or a financial emergency.
We offer a switching service for existing loans and debt. Through this transfer service, the old lender(s) are contacted and the loan is transferred to Salarise. Old loans are bundled into one healthy loan with the lowest interest rate.

What if my employee leaves employment?

The loan will continue with the same terms.

In the event that the employee's employment relationship with you as the employer ends, the loan agreement between the employee and Salarise is not affected. The employer also does not guarantee the employee's loan.

What if my employee does not pay his interest and principal (on time)?

As an employer, you do not guarantee your employee. If the employee does not pay the interest and principal due on time, he will receive a reminder. When there is a payment delay of two months or more, Salarise reports it to the BKR.

What if my employee moves abroad?

If the employee leaves or is about to leave the Netherlands, Salarise may immediately claim the amount due at that time.

Can an employee just transfer a loan?

Yes, we help your employees to switch their overpriced loans. We make the contact with the old lender and transfer the loan. Without penalty.

Employees can refinance their loans at a favorable interest rate - what's to stop them from taking out new loans afterwards when it's not responsible for them?

At Salarise, you can never get over-borrowed, because we adhere to the lending standards of the VFN (Association of Financing Companies in the Netherlands). So someone can never borrow more than they can handle at Salarise. We use a borrowing standard to calculate how much an employee can borrow without getting into financial trouble. In addition to the lowest interest rate, we also offer the best conditions - you can always get a one-month extension, for example - and we offer education, so that people learn how to handle money.
So we emphatically do not push them to borrow more, as other parties do, but we help them deal with money. This distinguishes us from lenders who indeed only make the problem worse.

What does Salarise do differently than a "normal" bank that collapses existing debt into one loan?

There are several parties in the market that provide and/or consolidate loans. What sets us apart is that we do so at the best terms and the lowest interest rate. We also distinguish ourselves through our switching service and, above all, the guidance we can offer so that people learn to manage money wisely. For example, workshops, budget coaching and our library.

Should people be guided more? For example, a buddy system?

For a large proportion of employees, the basic proposition and the benefits that come with it are enough to contribute a stone preventively. For some people, it can help to do a little extra. If an employee (or employer) is in need of financial coaching, we offer budget coaches through our partners. Together with the employee, they can create an overview and draw up a budget plan. There is also a financial helpline, accessible to all employees with doubts or questions about their finances and financial behavior.

As an employer, you have no insight into how people fare after they switch loans. As an employer, how do you know when things are escalating?

Your employees can, of course, always contact you - as they did before the collaboration with Salarise - if they have money worries and want to talk about them. The difference is that there is now a large group of people for whom that will no longer be necessary. We guarantee anonymity but always encourage a good conversation with the employer. In addition, the loan with us will not escalate as it may with other parties. This is because we work together with Faircasso. Even in the exceptional case that someone really cannot pay, he will always be treated properly. Want to know more about Faircasso? www.faircasso.nl

See more questions

Together we will get your employees financially fit!

The situation on the Dutch workplace

80%

20%

€ 13.000

7 extra

How do we address this?

Financial aid

Instant financial insight for employees

Preventing problematic debts

How does it work?

A suitable solution for every employee

Financially healthy employees, who have overpriced loans

Employees with (incipient) financial concerns

Do you recognize the signs that point towards financial worries?

Deviant behavior

Stress sensitivity

Less productive

Absence

Frequently asked questions:

Questions?