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DWP shares major update on one-off £815 Universal Credit loan before Christmas
The Department for Work and Pensions says some people receiving Universal Credit may qualify for an interest-free Budgeting Advance to help with a significant one-off cost. The support could help cover items such as furniture, clothing or home repairs ahead of Christmas, but it is a loan that must be repaid from future benefits.
The article gives the maximum advance as £812 for claimants with children, despite its headline referring to £815. The minimum is £100; the limits are £348 for a single person and £464 for a couple. Applicants generally need to have received Universal Credit, Employment and Support Allowance or Pension Credit for at least six months, meet work-related conditions and have no unpaid previous advance; repayments are usually spread over 24 months.
In short
- Budgeting Advances are interest-free loans for significant one-off costs.
- The maximum listed is £812 for claimants with children.
- Repayments come from future benefit payments, usually over 24 months.
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