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Is a Budgeting loan a qualifying debt for a DRO?
Lifegoeson786
Posts: 1 Newbie
in IVA & DRO
Hi I have some confusion, I’m currently receiving ESA and have applied for a Budgeting Loan but I’m confused if it comes under a qualifying debt in a DRO? The Gov Website shows some contradictory information. Can someone kindly please help me, thank you 0
Comments
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As above, budgeting loans come from your Universal credit account, and are a qualifying debt.
Social fund loans come from a central fund, they are not a qualifying debt, and have to be re-paid, which is why they are an allowable expense in your budget.
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