In short
- Debt is an amount of money you still need to pay to others. Many people in the Netherlands have debt.
- You often owe money to companies or the government, but it can also be to family or friends.
- Debt does not disappear on its own. Try to work on a solution in time to prevent the problem from getting worse.
- If you can’t solve it on your own, ask for help. There are many organizations that can assist you.
- Send a or Geldfit if you have questions. We can help you in English.
What is debt?
Debt is an amount of money you still need to pay to others. It often arises from a missed payment, meaning you are late in paying according to the agreed terms.
Who do you owe money to?
You may have debts with:
- Companies, such as a store or your energy provider;
- Your bank or a loan provider;
- The government, for example, the Tax Authority;
- Family, friends, or acquaintances.
It is normal to borrow money sometimes, but it is important to know you’re able to repay it on time.
How does debt arise?
In the Netherlands, debt can arise in different ways. Some examples include:
- Fines or taxes: If you don’t pay a fine, it often increases. The same applies to taxes or other mandatory payments.
- Unpaid bills: If you don’t pay your rent, energy bill, or health insurance on time, it turns into debt.
- Borrowing money: If you take out a loan from a bank, a store, or someone you know, you are responsible for paying it back.
- Unexpected expenses: For example, if your washing machine breaks and you borrow money to buy a new one, but you can’t repay it immediately.
How to know you have debt
There are different ways to find out if you have debt. You might receive a letter (payment reminder) or a formal demand. Sometimes, your creditor sends a debt collection agency to recover the money from you.
Not sure if you have debt? You can check your own records or contact your creditor. You can also ask someone you trust to help you look into it. Experienced people from organizations such as walk-in support centers or the Legal Aid Office can assist you as well.
Can you solve your own debts?
It can be quite difficult to resolve debt on your own. If you don’t pay on time, extra costs are often added, making your debt grow quickly. This can cause you stress, which makes it harder to find a solution. Sometimes, you can manage your debt by cutting expenses or setting up a payment plan. If you have high debts, you may qualify for debt assistance from the municipality or legal debt restructuring (Wsnp).
Important
Asking for help with debt is completely normal. You may feel ashamed or experience a lot of stress. In the Netherlands, there are many organizations that can help you. Every municipality offers support for people with debt. There are also many volunteer organizations willing to assist you. You are not alone!
Help is nearby
It’s important to know that you are not alone. Many people in the Netherlands have debt. If you can’t solve it on your own, there are organizations ready to help you—for free.
Visit a neighborhood support team (‘wijkteam’) or walk-in center (‘inlooppunt’) in your area for free advice. You can also go to the Legal Aid Office with your questions. They will guide you and help find a solution. In many cases, they can assist you in your own language.
Juridisch Loket
First aid for legal questions
Do you have a legal question? The Legal Desk (Juridish Loket) gives you free advice. On the website, you will find many legal tips, information, and sample letters. Call the toll-free number for personal advice or visit a location near you. Please note: You can only call or visit us for legal assistance if you have a low income.
Do you have any questions? Message on WhatsApp or call Geldfit
You’ll reach our team. We’re happy to help and may refer you to someone for further support.
Call us in English or send a WhatsApp message in your own language. We’ll reply in English.