Universal Credit claimants can apply for an advance if they are in financial hardship, and claimants can get up to 100 percent of the value of their first Universal Credit payment paid as an advance.
Universal Credit advances need to be paid back within 12 months.
Applications for Universal Credit advances can be made by claimants who are still waiting for their first payments of the benefit.
Claimants already being paid the benefit, who are waiting for an increase in Universal Credit due to a change in circumstances, can also apply for an advance.
Budgeting Advances are loans which can help people who are already receiving Universal Credit payments, and the loans can help with things such as employment and household costs.
Published at Sun, 06 Dec 2020 14:17:15 +0000