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How do I adjust my rent or loan?
How do I adjust my rent or loan?
Sofia Van Rijckevorsel avatar
Written by Sofia Van Rijckevorsel
Updated over 10 months ago

Your employer reimburses your housing costs (partially) through the mobility budget. What an advantage! 🤑

If your living situation changes, you may wish to adjust a choice you have already made regarding your rent or loan. 🏡

Maybe the end date of your choice needs to change or maybe you want to change the amount of the rent or mortgage.

In either case, follow the steps below.

How do you edit your choice? 👇

1. Inform Payflip of the new end date of your existing choice. We will adjust this for you

For example, you had a choice 'rent repayment' with a monthly amount of 800 EUR running until 31/12. You move on 01/05 and can get EUR 1000 refunded from then on. The new end date of the existing choice is 30/04.

2. When the end date of the existing choice has changed, Payflip will contact you to let you know that you can make a new choice.

For example, Payflip changes the end date from 31/12 to 30/04.

3. Make a new choice.

For example, again choose the "refund rent" option. The start date is now 01/05 and the end date is 31/12. The monthly amount is 1000 EUR.

Make sure the periods of both choices do not overlap!

4. Your HR admin approves the new choice. You now have 2 choices related to housing costs.

5. Let Payflip know that the necessary steps have been completed.

Timing

To see the changes reflected on your paycheck in a timely manner, it is important that you notify us of the necessary adjustments as soon as possible. It may take several weeks for the adjustments to be processed.

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