📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

UC Budgeting Advance

Options
Hello, I have been thinking about applying for a Budgeting Advance from Universal Credit, from what I see online I can ask for upto £348.

However I am still repaying my new claim advance payment, the last repayment of which is in March. 

If I was to ask for a Budgeting Advance now, would it be declined because I have not yet fully repaid the new claim Advance?

Also, If I was successful in getting the advance, do I have to provide receipts for what I’ve spent it on and account for every penny of it?

 Thank you 

Comments

  • poppy12345
    poppy12345 Posts: 18,880 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper
    You need to pay off your existing loan before you can have another. There's no guarantee you'll get it but if you do you do not need to keep any receipts.
  • tomtom256
    tomtom256 Posts: 2,249 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A budgeting advance can run along side a new claims advance, but can only be applied for once you have been on a relevant benefit for 6 months. Only existing budgeting advances need to be repaid in full before you can re-apply for one.
    Drop a journal message or ring the service centre and they will check if you are eligible.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.