You can apply for a Budgeting Loan if you meet certain criteria, and it can be used to pay for essential things, such as clothing, food and furniture. They are often an absolutely vital way for people to afford the essentials, and therefore any call to the customer service is invariably going to be extremely important. If you need to contact someone about for help, you certainly shouldn’t wait – the people on the end of the phone are almost always really friendly, and ready to assist in any way they can.
If you need to find the appropriate contact number then you’ve come to the right place, as you’ll find it here on our website. It doesn’t matter which department you need to speak with either, as you’ll be able to get through to all of them when you use our number. What’s more, it won’t cost you huge amounts of money either, as we’ve ensured that the number on this site is a low cost number. So, if you need to speak with someone about a Budgeting Loan, make sure you call using the number found here. Even if you don’t need to call at the moment, why not save the number to your phone, just in case you need the customer service number in the future?
At Contact Number UK, we also have a number of other contact numbers for various important organizations. For example, we have numbers for Job Centre Plus, Universal Credit and ESA, so if you think you might need to call them in the future, why not write down their numbers right now? Like the Budgeting Loan phone number, they will all get you through to the department you speak to, without you racking up any huge phone bills.
What is a Budgeting Loan?
A Budgeting Loan is for people in desperate need of money, which they can then use to buy essential items or pay off bills. The smallest amount of money that can be borrowed is £100, while the largest amount that can be borrowed by a single person is £348. Couples are able to borrow a maximum of £464, while those with children can get up to £812. The exact amount you get will be determined by your ability to pay the loan back, as well as if you have any savings over £1,000 (£2,000 for those over 61). There is no interest to pay on the loans, however they normally have to be paid back within 104 weeks. The repayments will come directly from your benefits.
Budgeting Loans are not available to everyone. Instead, they are only available to those who have been on income-related benefits for at least 26 weeks. It should also be noted that you can’t owe the Social Fund more than £1,500. The Social Fund includes both Budgeting Loans and Crisis Loans. If you are accepted, the funds usually paid directly into your bank account. Those looking for financial assistance should contact the team as soon as possible, so that they can get the process started.
Call the Budgeting Loan Phone Number
Can the Customer Service Team help you?
There are many different reasons why you might be looking for the Budgeting Loan telephone number, however all are likely to be extremely important. After all, this is a financial lifeline designed to help those in serious financial difficulties. If you are unsure about whether you are eligible to claim, you should absolutely call them to find out. You might find that you are able to get more help than you thought with your essential expenses.
There are some more common reasons for calling though, as you might expect. A few of these more common reasons are listed below…
- Asking about eligibility
- Providing your bank details
- Making a repayment
- Complaining about the service received
- Appealing a decision that has been made
Regardless of your reason for calling though, you should use the Budgeting Loan helpline found here at Contact Number UK. This is because it will get you through to the department you need, and it won’t cost you huge amounts of money either.
Contact Number UK Have you Covered
So, if you need to call about a Budgeting Loan whether it’s for a new application, an appeal or just for general advice, you now have the perfect contact number to use. Why not pick up the phone and contact them right now? After all, the sooner you call, the sooner you’ll be able to start sorting your finances.
FAQs
Customer Service Opening Hours
You are able to contact the JobCentre Plus from 8am until 6pm, from Monday through to Friday. They aren’t open on weekends though, which isn’t always particularly helpful. When you call, try to ring before 10am, as this is when the lines are quietest so you’ll have less chance of being caught in a queue.
Other ways to get in touch
The only other way to speak with someone about a Budgeting Loan is to visit your local Job Centre Plus, and have a chat with one of the advisors there. Of course, this isn’t anywhere near as convenient as calling them from the comfort of your own home though, which is why so many people choose to use the phone.
What can they help with?
You should phone about a Budgeting Loan if you have any concerns about your financial situation and are currently receiving income-based benefits. You should also call if you have any other questions or concerns about the Budgeting Loan.
Speak Directly to the Budgeting Loan Support Helpline
So, if you have any questions such as how to apply or make a complaint, why not get in touch today? When you do, make sure you use the Budgeting Loan contact number found here at Contact Number UK, as it is both convenient and low cost.
A Brief Guide to Budgeting Loans
Budgeting Loans can be saviours for people going through serious financial difficulty – a way to ensure that essential expenses, such as clothing and rent, can be paid and that a person doesn’t find themselves living in unacceptable circumstances. Not everyone has heard of Budgeting Loans though, which is a shame, as they could be just what an individual needs. Even those who have heard of them probably don’t know the ins and outs of them, which often leads to confusion or them missing out on the money they need. So, this article aims to strip everything back and give the answers to the most common questions about Budgeting Loans.
Please don’t think that this article is a complete guide though – it is only here for the basics. If you have more complex questions, or ones relating to your personal circumstances, the best thing to do is call up and speak to an advisor. You can find a convenient Budgeting Loans contact number here at Contact Number UK, and what’s more, it won’t cost you loads of money, as we’ve ensured it’s a low cost number. So, why not pick up the phone and make that call today?
What Are Budgeting Loans?
A Budgeting Loan can be issued in order for you to pay for essential items, such as clothing, hire purchase debts, or travel expenses. It is possible to borrow as little as £100, and any repayments are taken directly from the benefits you receive. If you stop getting benefits, you’ll have to agree to a different way of repaying the loan though. There is no interest charged on Budgeting Loans, making them the most affordable option for many and it is usually the case that you’ll have two years to pay back the loan, meaning that monthly repayment amounts are small.
Of course, not everyone can get a Budgeting Loan, as there are certain eligibility criteria that must first be met (more on these further down the page). Should you have any questions about the process, you can speak to a Job Centre Plus advisor, or call them for a faster answer. It is also possible to write to them, however you’ll have to wait around two weeks for an answer, which is not going to help many people in financial distress.
How Much Will You Get?
The amount you will receive really depends on your financial situation, as well as the amount of savings you currently have. The maximum amount that can be received is £348 for a single person though, while those who are part of a couple can get up to £464. If you have children, this figure increases dramatically, with the maximum amount available being £812. All money is paid directly into a bank account.
IT should be noted that you are not allowed to owe the Social Fund more than £1,500. The Social Fund includes both Budgeting Loans and Crisis Loans. If you already owe £1,500, you should speak to a professional (such as a Job Centre Plus staff member) as soon as possible, so that you can understand your other options.
Understanding Your Eligibility
As you might imagine, there are strict eligibility requirements when it comes to getting a Budgeting Loan, which are necessary to ensure that people don’t abuse the system. If you want to get a Budgeting Loan, you will have to have been receiving Income Support, Income-Based JSA, Income-Based ESA, or Pension Credit for at least 26 weeks. This benefit must still also be being received when the application is reviewed.
When filling out the form, you’ll have to answer absolutely loads of questions, many of which are designed to check your eligibility. For example, you’ll have to tell them all about your expenditure, as well as any savings you have. It is really important to fill these forms out as accurately as possible, as not doing so could cause your application to take longer to process.
How to Claim
In order to claim, you’ll need to fill out form SF500, which can be downloaded here. Once this has been completed, you need to post it to the relevant address, which will depend on where you live. If you are having trouble downloading the form, you can also pick it up from your local Job Centre Plus, or call and request that one is sent to you.
It will take around 15 days for a decision to be made on your application. If you are unhappy with the decision, you then have 28 days to appeal, which must be done in writing. Should you still not get the answer you believe you deserve, you can then request a review by the Independent Case Examiner.
So, hopefully the above will give you a better idea of what Budgeting Loans are about. Perhaps the most important thing to take away from this page is this though: if you are in financial difficulties, you should reach out to the authorities today. You could be eligible for a Budgeting Loan, and even if you aren’t, there are many other ways in which they can help.