The Employee Loan Program, which is available through Salary Finance, gives you an easy, affordable way to borrow the money you need when you need it. The program offers a higher loan approval rate than traditional lenders and repayments are taken directly from your paycheck.
Salary Finance employee loans start at $1,000 and you can borrow up to 20% of your gross base pay1 with a cap of $35,000.
To be eligible to apply for an employee loan you must:
Be an active Equifax employee
Have worked at Equifax for at least 12 months
Have a minimum annual salary of $10,000 before tax
Be at least 18 years old
Have a valid Social Security number
Salary Finance employee loans can be used for personal, family, or household purposes, such as debt consolidation, home improvements, large purchases, medical bills, a wedding, or unexpected expenses.