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Budgeting loan

Hi

I was wondering if anyone knew the rate that a budgeting loan had to be paid back at, is it a set weekly amount? we are a family of 3 just moved into our house and need new carpets and washing machine and a suite, but dont have much money and im worried about the repayments.

Kind Regards

Debbie

Comments

  • Jowo_2
    Jowo_2 Posts: 8,308 Forumite
    Freecycle, Gumtree freebies and furniture charities like Emmaus (check locally what other furniture charities there could be) and similar organisations should see you right for most of what you seek at little or no cost to yourself.
  • richard9991
    richard9991 Posts: 1,618 Forumite
    Hi

    I was wondering if anyone knew the rate that a budgeting loan had to be paid back at, is it a set weekly amount? we are a family of 3 just moved into our house and need new carpets and washing machine and a suite, but dont have much money and im worried about the repayments.

    Kind Regards

    Debbie
    It depends on how much benefit you get each week how much you are borrowing and how much you pay out for other debts like catalouges loans debts etc
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