Budgeting loan is a facility that the United Kingdom government extends to people who are on low income. The loans are for specific types of items or services such as furniture, household equipment, clothing and footwear. Successful applicants can use the loans for paying rent in advance or for removal expenses when moving to a new house or accommodation.
The loans are for United Kingdom residents who are in Wales, Scotland, Northern Ireland and England. Applicants can apply regardless of their age. The loans are non-taxable. The Department for Work and Pensions in the United Kingdom is empowered by the government to administer these loans.
Budgeting Loan Services
The loans are for UK residents who are already receiving income support. The applicants should already be on income-related ESA. The other requirements that the applicant has to satisfy includes being on pension credit and universal credit as well as income-based jobseeker’s allowance. Importantly, your income must be within the maximum threshold.
Prior to applying for the loans, ascertain that you, your partner or person with whom you live has been benefiting from any of the credits and supports mentioned above for a minimum of 26 weeks. In addition to using the loans to buy furniture, clothing and footwear, the government allows applicants to use the funds for clearing hire purchase payments as well as other debts.
Single applicants are entitled to up to £348. Couples are entitled to £464 each. On the other hand, applicants who have children can apply for up to £812. The maximum amount the applicant can get depends on his ability to repay the loan as well as the money in his bank account, which should be £1,000 or more.
Contacting Budgeting Loan Customer Service
For more information on the budgeting loans, you should contact the local Jobcentre Plus. The number of the Jobcentre that you should call for more information is 0345 603 6967. Contact the Jobcenter regarding how to get the claim form and for assistance on filling it accurately and properly with all the relevant details.
Budgeting Loan Contact Tips
Before placing the call to the Jobcenter Plus or the relevant government department within HMRC that handles all issues regarding budgeting loans, understand the call charges first. For example, the 0345 numbers attract a charge of up to 12p per minute from landlines as well as between 3p and 45p from mobile phones within the United Kingdom.
All calls to 0800 and 0808 numbers are free by landlines or mobile phones in the UK.