Category Archives: budgeting loans

budgeting loans are zero interest loans provided by the dwp to help families on low incomes to purchase large items like fridges

Contacting Budgeting Loan

This site offers advice and call forwarding options, and we are in no way affiliated with any organisation mentioned on this website. Calls to 084 numbers cost up to 7p per minute plus your network access charge.

Crisis Loan is no longer available from the Jobcentre / Department - we are not affiliated with any organisation mentioned. for Work and Pensions ( DWP ) as the Social Fund was disbanded back in 2013, however it is still possible to apply for a Budgeting Loan and request a copy of the Budgeting Loan Application form by phone.

Calling Budgteing Loan

The application itself has not changed and you will still be expected to fill out an SF500 form detailing what you need the loan for and then accepting repayment terms assuming that your application is accepted.

To start the application off by telephone you will need to call Jobcentre Plus, they have several telephone numbers and you are able to make the initial application by telephone.

As of 1/1/2015, the latest budgeting loan telephone number is 0345 603 6967.

Check out our tips
Before you scoot off and use the budgeting loan telephone number above, take a look at our tips on speeding up your application for a budgeting loan

Need to speak to a member of the Depart for Work And Pensions about your issues? Our call connection phone numbers should be able to help – get in touch with the right department by dialling one of the contact numbers below.

Department - we are not affiliated with any organisation mentioned. Call Connection Phone Numbers - we are in no way affiliated with any organisation mentioned
Social Fund (Calls cost 7ppm + network charges) 0843 506 0283
Crisis Loan / Budgeting Loan (Calls cost 7ppm + network charges) 0843 509 2336
Jobcentre Appointments (Calls cost 7ppm + network charges) 0843 509 2322
Job Seeker’s Allowance Claims (New Claims & Existing) (Calls cost 7ppm + network charges) 0843 509 2383
Employment & Support Allowance (Calls cost 7ppm + network charges) 0843 509 2374
Income Support (Calls cost 7ppm + network charges) 0843 509 2374
Incapacity Benefit (Calls cost 7ppm + network charges) 0843 504 0374
Universal Credit (Calls cost 7ppm + network charges) 0843 509 2382
Universal Credit (New Claims & Appointments) (Calls cost 7ppm + network charges) 0843 509 2382
Maternity Allowance (Calls cost 7ppm + network charges) 0843 504 9433
Personal Independence Payment (Calls cost 7ppm + network charges) 0843 509 2380

Calls to the Social Fund on their direct number 0800 169 0140 are free from any BT landline (this include call/phone boxes) and also includes calls from most of the larger mobile phone networks.

Budgeting Loan Online Application

This site offers advice and call forwarding options, and we are in no way affiliated with any organisation mentioned on this website. Calls to 084 numbers cost up to 7p per minute plus your network access charge.

We have been considering ways that we can help people to get access to the Budgeting Loan system and have come up with a way to enable applications to be taken/completed online and then for the completed form to be posted out to the applicant with a pre-paid envelope so all that they need to do is sign and post it back the the correct Benefit Centre who will have already been sent an electronic form so that they can begin processing the application.

More information on the Budgeting Loan application

The idea is that we design a secure form with SSL that sends your completed application directly to the DWP by email, then we also send a paper application to you that is already completed based on the online form information with an envelope for your signature.

This way the DWP can start looking at you application on the same day- however as this will take a lot of work on our part, we have a couple of questions- and would like to ask that you take a few minutes to consider and reply below

Click here to find out more about the Budgeting Loan application process – as well as how to get your application started.

How to apply for a Budgeting Loan

Note that this loan only applies to the mainland UK and the islands around mainland UK. Northern Ireland has a different type of budgeting loan.
A budgeting loan is open to anyone who has claimed for the benefit for the whole of the last six months. “Benefit” means income support, income based Job Seeker’s Allowance, income-related Employment and Support Allowance, Pension Credit and Universal Credit with Pension Credit (you are not eligible for a Budgeting Loan if you claim for Universal Credit without claiming Pension Credit).

If you are involved in any industrial action or you owe more than 1,500 for a crisis loan or budget loan if you cannot claim for a budgeting loan. One alternative to a budgeting loan is a budgeting advance which it is worthwhile checking you are eligible for.

It will take 15 days for you to be either to be accepted or rejected for a loan. You should receive the money 12 days after the day of acceptance.

As well as applying online, you can print off form SF500 or pick one up from your local Jobseeker’s Plus. You can also ask for the form to be delivered to you, this may take up to 5 working days though. It could take up to 25 working days for a filled in printed form to be processed, so it is quicker to fill in a form online.

Can I still get a budgeting loan?

The smallest amount you can borrow is £100, the maximum amount is £348 if you are single, £464 if you have a partner and £812 if you or your partner are in receipt of child benefit. Whether you receive this money depends on whether it is felt you can pay this money back, whether you have savings of over £1000 (or £2000 if you or your partner are 65 or over) and whether you are still paying back a budgeting or crisis loan.

The good news about a budgeting loan is that it is interest-free. You are usually given 2 years in order to repay a loan. If your weekly benefit is £57.90 you will get a deduction of between £2.90 and 6.95. If your weekly benefit is up to £300 you will get a deduction of between £15 and £36. However, if you stop receiving the benefit you will have to come up with a different way to pay back the loan.

Before choosing a loan it is worth discussing matters with your Job Centre Plus. If you live in Wales you might choose to look into finding out the Discretionary Assistance Fund. If you live in Scotland you might look into a Community Care Grant or Crisis Loan. Unfortunately, English or Welsh people can no longer apply for a Crisis Loan.

What to expect when applying for a budgeting loan

This site offers advice and call forwarding options, and we are in no way affiliated with any organisation mentioned on this website. Calls to 084 numbers cost up to 7p per minute plus your network access charge.

Well given that we are constantly asked the same question “how long does a budgeting loan take ?” back in December we decided to start a poll to see if we can work ou how log it actually takes in the real world.

What should I expect when I apply for a budgeting loan?

The idea Is that it takes around 20 working days for the application to be paid out ( if you have been accepted AND accept the repayment rate)
However, each case is different and because of that there can be a large difference in how long a budgeting loan application takes.
There are things that you can do to try to speed up the process and these are listed below.

  1. Download a Budgeting Loan Application, or get it from Job Centre Plus
  2. Fill it out clearly and fully
  3. Make sure that you have priced things reasonably, as this should result in less checking
  4. make sure you sign, date and put your National Insurance number on the form
  5. Send it back to the right place!
  6. You can replace the 2nd class envelope with a first class to cut postal delays
  7. You can deliver it yourself to your local Jobcentre.

What is the Budgeting Loan application process?

Here’s what generally happens in the Budgeting Loan process:

  • You apply
  • Your application is rated
  • An offer is made ( or you are refused)
  • Your offer is posted to you (2nd class)
  • You reply
  • The reply is processed
  • Payment is issued ( usual taking 3 working days to hit your account)

Please remember to come back and fill out the following poll to give others an idea of how long it is taking to get a budgeting loan.