Loan - DLA, Income Support, Incapacity Benefit

Morglin

controversy wrote: »

Note: I am a disabled person who was born with his condition. I know what I am talking about.

To get credit as a disabled person you need to be in the top 10% of no risk candidates.
So basically you have to be the complete opposite to White Dee on benefits street.

This can be done by the following:

1. Have a credit score higher than 900.
2. Have 5 years of bank statements with a surplus.
3. Shopped at the right shops relevant to your income e.g. Lidl & Poundland.
4. Took the cheapest water, energy and broadband tariffs.
5. Live in a area which meets equal to or less than your housing benefit payment.
6. Don't make random withdrawls from your bank account.
7. Have perfect medical evidence for your condition.
8. Have a couple of fall back proffesions if your welfare benefits are cut or abolished.
9. Have family member that can act as a guarantor.
10. Show absoulte blind loyalty to your bank.

Now this may seem extreme but you have to remember disabled people are the lowest class in the UK. We basically are worth less than immigrants or terrorists. What you need to remember is that money is the biggest !!!!! because it never sleeps and exchanges hands with everyone.

So if you seem like a good investment bet your get the go ahead.

But the way things are going DLA will be cut by 20% as its converted to PIP. The test is exactly the same as ESA and many disabled people including myself will lose their DLA in the process.

There was also a leak by the BBC that ESA WRAG will be cut by 30% if the Tories or UKIP win the 2015 election.

So I would base your loan on the income of your Job Seekers Allowance.

I know this isn't nice but its the way things are.

I personally advise you to forget about this loan and see if any adaptations can be made to your loved ones home. There is money set a side for this reason.

If you want anymore info send a PM and I will reply right away.

Wish you all the best.

DLA isn't cut by 20% when replaced by PIP - the lower and higher amounts are exactly the same.

The test is not the sane as applied for ESA - they are completely different, and assessed for different reasons. Many people on DLA/PIP work.

The idea, loosely mooted, last week, of lowering ESA to JSA rates, was for new claimants only, and applied purely to the WRAG group, so anyone in Support Group would not be affected one iota - it may never happen, and if it did, anyone on Income Support/Universal Credit, would be topped up anyway.

Getting loans, credit cards etc., whilst disabled, works the same as it does for everyone else - credit rating, income etc.,

DH and I (both disabled), have never had a problem with it at all.

Many people have obtained mortgages whilst receiving disability benefits, and it's up to everyone now to show they are a good risk, disabled or not.

The OP should seek professional advice.

Lin

DCFC79

Opinion wrote: »

I'm not looking to start a debate so if people are intent on that then please keep it to Private Messages.

I'm looking for facts. Thank you to those that have posted helpful replies.

To be fair the debate only started due to the poster controversy posting his post, it was going ok until he posted.

Morglin

Gaz83 wrote: »

There is no way that any lender will consider lending £25,000 to someone in receipt of benefits only.

Well, yes,they do actually, depending on circumstances.

Lin

Morglin

tomtontom wrote: »

There is no such thing as a triple A credit rating.

I'm guessing none of your loans were taken out recently? You can't compare the current lending situation to that of even a few years ago.

It still depends on just income and credit ratings - we have a huge amount of credit available, but they know we always pay up, so they don't have an issue with disability payments.

But, the OP could also ask about Disabled Facility Grants etc., to see what is available there as well.

Lin

Gaz83

Morglin wrote: »

Well, yes,they do actually, depending on circumstances.

Lin

What circumstances would these be? I will hold my hands up if I'm wrong.