Budgeting Advance

A Budgeting Advance is an interest-free loan available to Universal Credit claimants to help with one-off expenses such as buying essential household items, covering the cost of starting a new job, or dealing with an emergency. The minimum loan is £100; the maximum is £348 for a single person, £464 for a couple, or £812 for families with children. Repayments are deducted automatically from future Universal Credit payments.