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Obtaining a Universal Credit cost management advance

Posted by Rwaq on 28/02/2020
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Obtaining a Universal Credit cost management advance

You may be in a position to get that loan minute loan center in your Universal Credit if you want to protect an expense that is specific that is known as a ‘budgeting advance’.

You borrow if you get a budgeting advance, you’ll get reduced Universal Credit payments until you’ve paid off the amount. This may usually be over year.

It is possible to submit an application for a budgeting advance to pay for such things as:

  • a one-off product – eg replacing a fridge that is broken
  • work-related costs – eg purchasing uniform or tools
  • unexpected costs
  • repairs to your house
  • travel costs
  • maternity costs
  • funeral expenses
  • moving expenses or lease deposit
  • crucial things, like clothing

If you have sent applications for Universal Credit but have actuallyn’t had your payment that is first yet you ought to obtain an advance re payment rather than a budgeting advance. Continue Reading

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