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  • FIRST POST
    • Jab87
    • By Jab87 26th Feb 19, 2:25 PM
    • 39Posts
    • 7Thanks
    Jab87
    Budgeting Loan
    • #1
    • 26th Feb 19, 2:25 PM
    Budgeting Loan 26th Feb 19 at 2:25 PM
    Hi there.

    I recently applied for a budgeting loan as I am on ESA and was offered 348. I sent back the acceptance form on Saturday. I was just wondering if anyone else has applied for one and how long it took to go in to your bank after you accepted it?

    Thanks
Page 1
    • poppy12345
    • By poppy12345 26th Feb 19, 4:54 PM
    • 6,442 Posts
    • 5,938 Thanks
    poppy12345
    • #2
    • 26th Feb 19, 4:54 PM
    • #2
    • 26th Feb 19, 4:54 PM
    Usually within a couple of weeks after returning the acceptance form.
    • MarkN88
    • By MarkN88 26th Feb 19, 5:50 PM
    • 1,126 Posts
    • 671 Thanks
    MarkN88
    • #3
    • 26th Feb 19, 5:50 PM
    • #3
    • 26th Feb 19, 5:50 PM
    If you supplied a mobile number I tend to get a message confirming the day it will go in.
    • Jab87
    • By Jab87 26th Feb 19, 6:31 PM
    • 39 Posts
    • 7 Thanks
    Jab87
    • #4
    • 26th Feb 19, 6:31 PM
    • #4
    • 26th Feb 19, 6:31 PM
    Thanks for the replies. I did supply a mobile number, but hadn’t heard anything yet but has only been a few days. Just wondered if anyone else had applied for one before and if it took the whole 14 days to go in to your bank account or if it was likely to get it sooner.
    • poppy12345
    • By poppy12345 26th Feb 19, 7:20 PM
    • 6,442 Posts
    • 5,938 Thanks
    poppy12345
    • #5
    • 26th Feb 19, 7:20 PM
    • #5
    • 26th Feb 19, 7:20 PM
    Thanks for the replies. I did supply a mobile number, but hadnt heard anything yet but has only been a few days. Just wondered if anyone else had applied for one before and if it took the whole 14 days to go in to your bank account or if it was likely to get it sooner.
    Originally posted by Jab87
    It really depends on how long it takes for then to receive the letter back. Once it's received they'll release the money and then it takes 3-4 working days to go into your bank. As you only sent it back Saturday it could be next week before you receive a text message.
    • MarkN88
    • By MarkN88 26th Feb 19, 7:42 PM
    • 1,126 Posts
    • 671 Thanks
    MarkN88
    • #6
    • 26th Feb 19, 7:42 PM
    • #6
    • 26th Feb 19, 7:42 PM
    Yeah from experience it still takes a while after them receiving the letter back where you confirm that you accept.
    • micky2phones
    • By micky2phones 26th Feb 19, 10:56 PM
    • 468 Posts
    • 356 Thanks
    micky2phones
    • #7
    • 26th Feb 19, 10:56 PM
    • #7
    • 26th Feb 19, 10:56 PM
    Hi, a friend had one a few years ago and i think he told me they sent him a letter when it was due in his account, it took 2 weeks.

    The letter came the same afternoon, the money went in on the morning.

    Most things now they send a text and not a letter
    • Dotty12
    • By Dotty12 27th Feb 19, 1:35 AM
    • 24 Posts
    • 9 Thanks
    Dotty12
    • #8
    • 27th Feb 19, 1:35 AM
    • #8
    • 27th Feb 19, 1:35 AM
    I can't believe what I'm reading. How did you apply for this?

    I applied for a Universal Credit Budgeting Advance for the full amount (348) via telephone and it was in my bank account a few hours later.
    • poppy12345
    • By poppy12345 27th Feb 19, 6:06 AM
    • 6,442 Posts
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    poppy12345
    • #9
    • 27th Feb 19, 6:06 AM
    • #9
    • 27th Feb 19, 6:06 AM
    I can't believe what I'm reading. How did you apply for this?

    I applied for a Universal Credit Budgeting Advance for the full amount (348) via telephone and it was in my bank account a few hours later.
    Originally posted by Dotty12
    ESA and UC are different. With the legacy benefits it can take 3 weeks, even when you apply online.
    • micky2phones
    • By micky2phones 27th Feb 19, 10:14 AM
    • 468 Posts
    • 356 Thanks
    micky2phones
    ESA and UC are different. With the legacy benefits it can take 3 weeks, even when you apply online.
    Originally posted by poppy12345
    Hi, exactly my thoughts
    • Dotty12
    • By Dotty12 27th Feb 19, 3:33 PM
    • 24 Posts
    • 9 Thanks
    Dotty12
    ESA and UC are different. With the legacy benefits it can take 3 weeks, even when you apply online.
    Originally posted by poppy12345

    Oh right. I wasn't aware. At least that is one positive for UC - there aren't many imo
    • Tashalustig84
    • By Tashalustig84 15th Jan 20, 11:45 PM
    • 1 Posts
    • 0 Thanks
    Tashalustig84
    Curious
    Can I ask what were you able to get the advance for. Im in need of money upfront in form of a budgeting advance but lots of people said it just gets rejected. For the reasons the advance is for. Trying to find out if it covers a broken car in need of a repair or to replace white goods that are broken etc
    • tomtom256
    • By tomtom256 16th Jan 20, 7:37 AM
    • 1,347 Posts
    • 2,095 Thanks
    tomtom256
    Can I ask what were you able to get the advance for. Im in need of money upfront in form of a budgeting advance but lots of people said it just gets rejected. For the reasons the advance is for. Trying to find out if it covers a broken car in need of a repair or to replace white goods that are broken etc
    Originally posted by Tashalustig84
    Should have started your own topic, but go to https://www.gov.uk/budgeting-help-benefits and it tells you what you can request one for on there.
    • poppy12345
    • By poppy12345 16th Jan 20, 7:58 AM
    • 6,442 Posts
    • 5,938 Thanks
    poppy12345
    Can I ask what were you able to get the advance for. Im in need of money upfront in form of a budgeting advance but lots of people said it just gets rejected. For the reasons the advance is for. Trying to find out if it covers a broken car in need of a repair or to replace white goods that are broken etc
    Originally posted by Tashalustig84
    This thread is about the budgeting loan for the old legacy benefits, when applying for this online, they don't ask you what you need it for.


    For a budgeting advance, it's a different way of applying so they are slightly different. All you can do is apply. You also need to have been claiming for at least 6 months and not earned more than 2600 in that time. https://www.citizensadvice.org.uk/benefits/universal-credit/on-universal-credit/budgeting-advance/
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