You are able to get that loan in the Universal Credit if you want to protect an expense that is specific this might be called a ‘budgeting advance’.
You borrow if you get a budgeting advance, you’ll get reduced Universal Credit payments until you’ve paid off the amount. This may normally be over one year.
It is possible to make an application for a budgeting advance to pay for things such as:
- a one-off item – eg replacing a fridge that is broken
- work-related costs – eg purchasing uniform or tools
- unforeseen expenses
- repairs to your house
- travel costs
- maternity costs
- funeral costs
- going expenses or hire deposit
- important things, like garments
If you have sent applications for Universal Credit but haven’t had your payment that is first yet you ought to obtain an advance re re payment rather than a cost management advance.