Budgeting loans

dane-katie
dane-katie Posts: 961 Forumite
in Benefits & tax credits
Hi, i was wondering how do the DWP figure out how much they can lend you?

Thanks
Is a Bipolar bear :p

Comments

  • QuantumSuccess
    QuantumSuccess Posts: 488 Forumite
    I heard they will only lend you £350 if you're single.
  • dane-katie
    dane-katie Posts: 961 Forumite
    Is there nowhere with actual figures? for how much you can apply for when you are single, couple, with child etc?
    Is a Bipolar bear :p
  • viktory
    viktory Posts: 7,635 Forumite
    edited 19 January 2011 at 2:43PM
    The maximum amount for a single person is £348, for a couple £464 and for a family £812. The total social fund debt you can have is £1,500. This includes other social fund debt such as crisis loans.
  • Jowo_2
    Jowo_2 Posts: 8,308 Forumite
    viktory wrote: »
    ... The total social fund debt you can have is £15000. This includes other social fund debt such as crisis loans.

    15k or 1.5k?!
  • Aarons_mummy
    Aarons_mummy Posts: 961 Forumite
    Jowo wrote: »
    15k or 1.5k?!

    £1,500 typo there :rotfl:
    Credit Card: £796 Left/£900 October 2011 :eek:
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  • viktory
    viktory Posts: 7,635 Forumite
    Aarons_mummy wrote: »
    £1,500 typo there :rotfl:

    Ooops! Amended now.
  • stassy23
    stassy23 Posts: 404 Forumite
    when i applied for a budgetin loan last year we were allowed up 800 pound that was for a family of 5
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