Universal Credit claimants are being given more time to pay back a budgeting advance, which is a type of loan you can take out in an emergency.
The DWP said: "To support households from falling into debt the government is taking decisive action to ensure claimants retain more of the money they receive from Universal Credit. Almost one million households on Universal Credit take out budgeting advance loans." The below is just some examples, but keep in mind this is not a definitive list. Someone will assess your application on an individual basis.
You can be claiming benefits for less than six months if you need the money to help you start a new job or keep an existing job. You'll also need to have earned less than £2,600 in the six months before your application, or £3,600 if you live with a partner.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Daily_Record - 🏆 9. / 89 Read more »
Source: LiveLancs - 🏆 10. / 87 Read more »
Source: nottslive - 🏆 96. / 52 Read more »
Source: Netmums - 🏆 42. / 63 Read more »
Source: TheSun - 🏆 64. / 61 Read more »
Source: Netmums - 🏆 42. / 63 Read more »