How Long Does budgeting Loan Take

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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.
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

The Budeting 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.

[poll id=”4″]

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262 Comments To This Article… add one

  • Chloe Hewitt

    October 10, 2014 at 9:28 am Reply edit

    It takes 14days to process from time you post it you should have a reply by the 16/17th day weather approved or not! You then reply that same day I often find it useful to put a first class stamp on the envelope. Then you must wait a week or just over then usually if you have gave them the correct number you would receive a text telling you your payment has been issued.

  • Cathy

    October 8, 2014 at 8:28 pm Reply edit

    Rang up for progress on my budgeting loan and the enquiry time has now gone up to do not ring before 15 working days to find out about your loan..great if you need warm clothes…

  • Martin

    October 1, 2014 at 12:22 pm Reply edit

    I sent my reply form back to get my bugeting loan 2 weeks ago wen will I get it in my account

  • Kimberley griffiths

    September 7, 2014 at 8:14 am Reply edit

    I sent my form of that had to sign agreeing to the loan on the 30th with a second class stamp I still haven’t heard anything how long does it take plz

  • chris easton

    August 16, 2014 at 12:37 pm Reply edit

    hi I sent my budgeting loan form off 2 weeks ago I got a letter 2 weeks later saying I was accepted I sent the agreement off in the prepaid letter 5 days I got a letter saying it will be in 3 working days on the 19th I got the letter on the 16th

  • heidi

    July 25, 2014 at 6:32 am Reply edit

    sent my acceptance back on 17 july 2014 it is now 24when will I get it

  • Honey

    July 21, 2014 at 4:00 am Reply edit

    I sent my reply 2 n a half weeks ago and still no money :/ how long does it take ?

  • Jodi d

    June 23, 2014 at 10:23 am Reply edit

    I sent away my application last Monday. Is everybody accepted? I have a one year old . The form didn’t tell me to fill in what stuff I needed just to tick from a list ? Any help would be great thanks

  • Chris

    May 27, 2014 at 6:39 am Reply edit

    Thought this was suppose to be a helpful site

  • Michelle

    May 26, 2014 at 5:15 pm Reply edit

    I sent my acceptance letter back over 2 weeks ago but still waiting for money to go into my account. Pls could i have some advice on what to as money is for my daughter’s cot.

    oh ive rang dwp and got same answer not yet been looked at

  • jay

    May 1, 2014 at 10:44 pm Reply edit

    i i send off my form about a week go and i havent hear anythink can u let me no soon as u can plz thnk from jay pryke

  • Jodi d

    June 23, 2014 at 10:24 am Reply edit

    Did u get a reply and how long did it take ?? Thanks

  • lee taylor

    March 24, 2014 at 3:55 pm Reply edit

    i sent my accepted form back on the thurday 20th of march. when will the money be in my account

  • best cash advance loans

    February 16, 2014 at 9:01 am Reply edit

    Hmm it appears like your website ate my first comment (it was extremely
    long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your
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  • gemma wildman

    February 7, 2014 at 8:43 am Reply edit

    I was approved a budgetin loan and set off the reply slip on the 30th of Jan when should it go into my bank or will I get it by post? Is there a free number I can ring from my mobile to find out? Thanks

  • Ryan Williams

    February 6, 2014 at 1:53 am Reply edit

    Sent 1st letter on 18th January.
    Received letter on 2nd February.
    Sent back off on 2nd Febraury.
    My JSA is paid today (20mins).
    Will update when received Loan.

  • choudhury

    January 4, 2014 at 3:00 pm Reply edit

    i sign and datee the declaration.and send it wed 1st 2014 2nd class stamp.and i sent an email because by the time i recived the latter with the amount to except the amount.because of the holiday christmas i got it late.and it says you have to reply within 14days thats why i emailed them but im still waiting.what will hapen when the money will come to my account and on the declaration i forgot to put my national insurance number.would it be a problem.i hope not becuse i have been waiting for this desperate.for emergency use.

  • vicky

    December 7, 2013 at 11:30 am Reply edit

    I sent my application off on the 29/11/13 whrn will I find out if im getting any think

  • jade

    December 5, 2013 at 9:49 pm Reply edit

    i sent mine off on last monday still no reply

  • Rachel

    November 11, 2013 at 10:55 am Reply edit

    I sent my acceptance letter bk last mon, its nw been 1 wk hw long b4 its in my account?Iv foned up and theyve told me theres a backlog? I applied n was offered the loan all that took just over a wk.

  • suzanna gentle

    September 7, 2013 at 5:02 pm Reply edit

    Why are you people asking daft questions. people aren’t psychic. it takes various times depending on how busy in your area etc. Nobody can tell you when you’ll get it

  • Kelly

    September 6, 2013 at 4:15 pm Reply edit

    I got accepted for a budgeting loan i sent the form of on wednesday 4th sep when should it go in my bank account will i still get when iv only just found out my benefit has been sanctioned

  • Kirsty

    September 6, 2013 at 11:15 am Reply edit

    Sent mine off on the 22 of August received my acceptance on the 2nd of September sent that back first class so money should be received by the 13th

  • alicia

    August 21, 2013 at 3:21 pm Reply edit

    I sent my form of on the 24th of july and i still havent got a reply yet to say they have accepted it or not!!

  • stacey

    August 18, 2013 at 9:17 pm Reply edit

    i sent my reply slip off accepting the offer made on the 8th of august, could you possibly tell me when ill receive the money in my account as im waiting upon it inorder to pay for a bond. thank you.

  • Lauren White

    August 8, 2013 at 10:48 am Reply edit

    Hi, I sent off my budgeting loan application form off on Thursday 25th June and I received an letter telling me what I’m entitled to I sent it off on Friday 2nd July in the prepaid 2nd class envelope, still no sign of the money in my account, how long does it take? I heard that it goes in on a payday is that true?

  • angel

    August 7, 2013 at 11:25 pm Reply edit

    applied on 19th july got a response on 2nd august posted same day 2nd class.. when will i receive it?????

  • Dawn

    August 7, 2013 at 8:15 am Reply edit

    I posted my application on the 22nd, received acceptance on Monday 5th. Posted acceptance back first class yesterday. Will update when money gets paid.

  • Stuart

    August 5, 2013 at 11:33 am Reply edit

    Sent away my acceptance last Wednesday first class so hopefully I get payment this week

  • courtney

    August 2, 2013 at 7:54 am Reply edit

    Hi sent my reply slip back on tue 30th july when will it be I’m the bank please helllpp

  • hayley goldsmith

    July 31, 2013 at 4:08 am Reply edit

    hi there i sent my loan application of on 25/07/2013 and i was wondering when i may find out if i have been accepted or not as i am desperate and need it for rent in advanced and clothing???????

  • nicola milan

    July 29, 2013 at 3:16 pm Reply edit

    I applied for a budgeting loan it took 3 weeks for them to send me an acceptance letter I posted that last Wednesday which was the 24th July how long till my money goes in does anyone know xx

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