Jump to content


Social Fund Loan Offered but signed-off IB JSA. What happens?


backofbeyond
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4216 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Sorry for yet another JCP question! :!:

 

We applied about 10 days ago for a social fund loan and today we have received the offer letter (the one where you accept the terms, sign it and send it back and then funds are paid).

 

My dilema is - on Thursday my husband "signed-off" as he has found a job. What happens? Will we still get the social fund loan if we sign the acceptance and send it back as he is now not claiming benefits?

 

I mean the thing is we could really do with the money still as obviously wages etc are not coming in. We have arrears on certain bills which it would pay towards, need to buy school uniforms and my husband needs tools for his job. We can afford to pay the loan back still at the agreed rate but obviously it will be out of our wages as opposed to out of our benefits.

 

Any advice would be gratefully be received.

Link to post
Share on other sites

Yes, because he met the criteria at the time the loan was applied for. They will change the recovery on the computer system to cash repayments, where you will go into the local jobcentre and repay it weekly, instead of it coming out of your benefit.

My advice is based on my opinion, my experience and my education. I do not profess to be an expert in any given field. If requested, I will provide a link where possible to relevant legislation or guidance, so that advice provided can be confirmed and I do encourage others to follow those links for their own peace of mind. Sometimes my advice is not what people necesserily want to hear, but I will advise on facts as I know them - although it may not be what a person wants to hear it helps to know where you stand. Advice on the internet should never be a substitute for advice from your own legal professional with full knowledge of your individual case.

 

 

Please do not seek, offer or produce advice on a consumer issue via private message; it is against

forum rules to advise via private message, therefore pm's requesting private advice will not receive a response.

(exceptions for prior authorisation)

 

 

 

 

Link to post
Share on other sites

  • 2 weeks later...

You can just go into the jobcentre weekly to pay it in cash. They will send the information to the Social Fund who will update their payment systems by deducting each payment you make from the total amount owed.

My advice is based on my opinion, my experience and my education. I do not profess to be an expert in any given field. If requested, I will provide a link where possible to relevant legislation or guidance, so that advice provided can be confirmed and I do encourage others to follow those links for their own peace of mind. Sometimes my advice is not what people necesserily want to hear, but I will advise on facts as I know them - although it may not be what a person wants to hear it helps to know where you stand. Advice on the internet should never be a substitute for advice from your own legal professional with full knowledge of your individual case.

 

 

Please do not seek, offer or produce advice on a consumer issue via private message; it is against

forum rules to advise via private message, therefore pm's requesting private advice will not receive a response.

(exceptions for prior authorisation)

 

 

 

 

Link to post
Share on other sites

You need to check with your local JCP office just in case they don't have a finance section. The JCP where I work doesn't have a finance offfice and although we hold a small float to reimburse travel expenses we do not have the facility to accept payments from members of the public or issue girocheque payments. We may be the exception to the norm but it would be best to check first :)

Link to post
Share on other sites

  • 1 year later...

hi, just wanted to know if this is all still valid as i have just got employment and my application for social fund loan was accepted and offer made and sent back. just waiting for loan to be transferred to my account and would like to know if i will see receive even though i have ended my claim. help will be much appreciated :-)

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...