Receiving income related benefits? You could get a £812 budgeting loan from the state

INCOME RELATED benefit claimants could receive support from the government via budgeting loans. These loans are designed to help with certain essential purchases but there are strict rules for eligibility and repayments.

Budgeting loans can be provided by the government so long as the claimant meets certain criteria. To receive a budgeting loan, the claimant must have been getting at least one of the following benefits for the previous six months:

For those who have moved onto universal credit from a previous benefit, any time spent claiming universal credit will count towards the six months time frame.

However, new claimants of universal credit will not be able to receive a budgeting loan, they...
source: Express

2020-02-21 22:08
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