Budgeting Loans (Jobseekers)

[Seanyboy01]

I have 101different reasons for applying for a budgeting loan. But I feel that I might get refused.

What are the best reasons to give,? After all,the money is still going to be repaid so I dont see why one reason should be better than the other....but that's just the way it is . Im up to my eyes in 101 different types of debt that has built up since I lost my job and I need to get some of it paid quickly.

 

Thanks in advance for any replies.

[dx100uk]

list your debts

 

there are ways like reclaiming to reduce that what is owed.

 

dx

[ErikaPNP]

Just select the tick boxes on the form that are relevant to what you are applying for.

 

There is a part of the form that asks about any debts you have - it's very important to complete this because it is used to calculate the repayment rate. Someone with no debt with make higher repayments over a shorter period of time than someone with lots of debt who would make lower repayments over a longer period of time. It's interest free.

[flumps1976]

As long as you meet the qualifying condition receiving Income Support, Income Related ESA, Income Based JSA or Pension Credit for at least 26 weeks then you can make the application.

http://www.direct.gov.uk/en/moneytaxandbenefits/benefitstaxcreditsandothersupport/on_a_low_income/dg_10018905

This link also covers the list of what you can apply for although not exhaustive it covers most things.

All you can do is be honest in your application nobody should/can tell you what to put on your form