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Nottingham Post
Nottingham Post
National
Linda Howard & Mia O'Hare

DWP offering two-year loan up to £812 for those on certain benefits

The DWP is offering a two year loan worth up to £812 for people on certain benefits. They may be eligible for a Budgeting Loan which can be used for essential products and services.

The money can be used if people would otherwise not be able to afford these products or services due to their current circumstances. To be eligible, you would need to have been claiming Income Support, Income-based Jobseeker’s Allowance, Income-related Employment and Support Allowance or Pension Credit for at least six months.

The Daily Record reports the loan is repaid through deductions from benefits. Budgeting Loans are not available to those claiming Universal Credit, however, they may be eligible for a Budgeting Allowance.

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