Fillable Printable Budgeting Loans - UK

Budgeting Loans - UK



Notessheet

BudgetingLoans

fromtheSocialFund

Pleasereadthesenotescarefully.Theyexplainthe

circumstanceswhenabudgetingloancanbepaid.

BudgetingLoans

l YoumaybeabletogetaBudgetingLoanif:

youhavebeengettingIncomeSupport,income-based

Jobseeker’sAllowance,income-relatedEmploymentand

SupportAllowance, PensionCreditorpaymentonaccountof

oneofthesebenefitsorentitlementsforatleast26weeks

and

l Youneedhelp

– tobuyfurnitureorhouseholdequipment

– tobuyclothingandfootwear

– topayrentinadvanceand/orremovalexpensestosecure

freshaccommodation

– topayforhomeimprovements,maintenanceorsecurity

– withtravellingexpenseswithintheUK

– topayforthingstohelpyoulookfororstartwork

– torepayHPorotherdebtsthathavebeentakenout.

Wecannothelpwithanyothertypesofitemsorservices.

BudgetingLoanshavetobepaidbackbuttheyareinterestfree.

YoucanhaveoneofthreeratesofBudgetingLoan.Theamount

dependsonwhetheryouaresingle,acouplewithoutchildrenor

qualifyingyoungpersonsoraoneortwoparentfamilywith

childrenorqualifyingyoungpersons.

TheamountofBudgetingLoanyoucanhavealsodependson

whetheryouhaveanyotherbudgetingloansfromtheSocialFund.

TheamountofanyBudgetingLoanwemaypaytogetherwiththe

amountyoustillowetheSocialFundcannotbemorethan£1,500.

SF500 10/11

Savings

l Ifyouandyourpartnerareagedunder60,savingsofmorethan£1,000mayaffect

theamountofmoneyyoucanget.

l Ifyouoryourpartnerareaged60orover,savingsofmorethan£2,000mayaffectthe

amountofmoneyyoucanget.

Wecannotmakeapaymentforaloanifyoualreadyowe£1,500ormoretothe

Social Fund.

WecannotpayaBudgetingLoanforexpensesoflessthan£100.

Howwedecidewhatwecanpayyou

Thedecisionmakerwilllookattherelevantcircumstancesanddecidethemaximum

sizeofBudgetingLoanyoucanhave,ifyouhavenoexistingSocialFunddebt.

Whetherornotyoucanhavealoanofuptothatamountwilldependonifyou

alreadyhaveabudgetingloandebt.

l Weusepartner tomean

– apersonyouaremarriedtoorapersonyoulivewithasifyouaremarriedtothem,or

– acivilpartnerorapersonyoulivewithasifyouarecivilpartners.

l Weusechild tomeanapersonagedunder16whoyouaregettingChildBenefitfor.

l Weusequalifyingyoungperson tomeanapersonaged16,17,18or19whoyouare

gettingChildBenefitfor.

Notes

Aboutyourapplication

Howyoupaybackaloan

l Wewilllookatwhatyoucanaffordbeforewedecideonthearrangementsforrepayments.

l IfwecanpayyouaBudgetingLoan,wemaymakeyouuptothreedifferentoffers.Itwillbeuptoyou

whichoftheseoffersyoucanaffordtopayback.Wemaynotbeabletolowertherepaymentrateifyou

laterfeelyoucannotaffordtherateyouoriginallyagreeto.

l IfwecanpayyouaBudgetingLoan,wewillaskyoutoagreetorepayitandalsotoagreethewayyou

willrepayitbeforewemakethepayment.

l Wewilltakethemoneybackinweeklyrepaymentsfromyourbenefit.Ifyouoryourpartnerdonotget

anybenefit,wewillarrangefortheloantoberepaidinanotherway.

l Ifyouhaveproblemslateronmakingtherepaymentsasoriginallyagreed,wemaybeabletohelp,for

examplereducingyourpaymentsbyextendingtherepaymentperiod.YourJobcentrePlusofficecan

giveyouadvice.

Helpandadvice

Ifyouwantmoreinformation

l GetintouchwithJobcentrePlus.Youcanfindthephonenumberandaddressinthebusinesssectionof

thephonebook.LookunderJobcentrePlus.Youcanalsogetmoreinformationfromwww.direct.gov.uk

l GetintouchwithanadvicecentreliketheCitizensAdviceBureau.

Thesenotesgivegeneralguidanceonlyandshouldnotbe

treatedasacompleteandauthoritativestatementofthelaw.

Tearoffthispagetokeepforyourinformation

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Part1

Aboutyouandyourpartner

l Beforeyoucompletethisform,pleasereadthenotessheetwhich

tellsyouaboutalltypesofhelpyoucangetfromtheSocialFund.

l UsethisformtoapplyforaBudgetingLoan.Completethisformin

ink,signanddateanyalterationsyoumake.

l IfyouaregettingIncomeSupport,income-basedJobseeker’s

Allowance,income-relatedEmploymentandSupportAllowanceor

PensionCredit,thepersonwhobothclaimsandgetspaidthatbenefitor

entitlementshouldfillinthisform.

l Tellusaboutyourselfandyourpartner,ifyouhaveone.

Weusepartner tomean

– apersonyouaremarriedtoorapersonyoulivewithasifyouare

marriedtothem,or

– acivilpartnerorapersonyoulivewithasifyouarecivilpartners.

l Fillintheformfullybyansweringall thequestionsandrequestsfor

information.Yourapplicationmaybedelayedifwedonothaveallthe

informationweneed.

Forofficeuseonly

Applicationnumber

DateofSFCSinput

/ /

Datedecisionmade

/ /

Initials

Signature

You Yourpartner

Surnameorfamilyname

Othersurnamesyou

havebeenknownby

NationalInsurance(NI)

number

Letters Numbers Letter Letters Numbers Letter

Mr/Mrs/Miss/Ms

Allothernamesinfull

Mr/Mrs/Miss/Ms

You can find the number on your National Insurance

(NI) numbercard, letters about your benefit or payslips

You can find the number on their National Insurance

(NI) numbercard, letters about their benefit or payslips

Addresswhereyoulive

now

Tellusyourpartner’s

address,ifdifferent

Postcode Postcode

/ / / /

Whatisthisnumber?

Pleasetick

Code Number Code Number

workHome mobile fax faxworkHome mobile

Areyouoryourpartner

involvedinatradedispute?

Weusetradedispute tomean

astrike,walk-out,lock-outor

anyotherdisputeaboutwork.

Yes

Dateofbirth

Daytimephonenumber

Budgeting

Loans

fromthe

SocialFund

SF500 10/11

Part2

Aboutyourchildrenorqualifyingyoungpersons

Pleasetellusaboutanychildrenorqualifying

l Weusechild tomeanapersonagedunder16whoyouare

youngpersonsyouaregettingabenefitor

gettingChildBenefitfor.

entitlementfor.

l Weusequalifyingyoungperson tomeanapersonaged16,17,

18or19whoyouaregettingChildBenefitfor.

Name Dateofbirth Name Dateofbirth

/ /

l Ifyouhavemorethan6childrenorqualifyingyoungpersons,tellusabouttheminPart8

Moreinformation.

AreyougettingIncomeSupportor

income-basedJobseeker’sAllowancefor

yourchildrenorqualifyingyoungpersons?

AreyougettingChildTaxCreditforyourchildren

orqualifyingyoungpersons?

AreyougettingChildBenefitforyourchildrenor

qualifyingyoungpersons?

Part3

Aboutwhatyouneed

Budgetingloanscanonlybegivenforthe

typesofitemsorserviceslistedinthispart.

Pleaseenterthetotalamountyouneedin

the Totalamountappliedfor boxforwhat

you need.Alsoticktheothercategoryboxes

thatapplytoyou.

Wedonotneedanymoreinformationfor

this part.

Yes

Totalamountappliedfor

Howmuchdoyoureceiveweekly?

Furnitureandhousehold

equipment

Rentinadvanceorremoval

expensestosecurefresh

accommodation

Travellingexpenses

withintheUK

Clothingandfootwear

Improvement,maintenanceand

securityofthehome

Expensesassociatedwith

seekingorre-enteringwork

RepayingHPandotherdebts–

foranyitemsorexpenses

whichareassociatedwiththe

categoriesabove

Part4

Aboutbenefitsandentitlements

GotoPart8.

Areyouoryourpartnercurrentlygetting

IncomeSupport,income-basedJobseeker’s

Yes Tellusthedateyouhave

Allowance,income-relatedEmployment

beengettinganyofthese

From

/ /

andSupportAllowance,PensionCreditor

benefitsorentitlements

paymentonaccountofoneofthese

inthelast26weeks.

From

benefitsorentitlements?

/ /

Hasapartneroranex-partnerreceived

IncomeSupport,income-basedJobseeker’s

Allowance,income-relatedEmployment

andSupportAllowance,PensionCreditor

paymentonaccountofoneofthese

benefitsorentitlementsforyou,inthelast

26weeks?

Yes Tellusaboutthisperson.

Theirname

TheirNationalInsurance(NI)

number

Dateofbirth

Dateofseparation

Theiraddress

/ /

Postcode

Haveyoumadethisclaimbecauseyou

haveseparatedfromsomeone?

Yes Tellusaboutthepersonyouhaveseparatedfrom.

Theirname

Theirdateofbirth

/ /

Part5

Aboutmoneyyouhavetopayout

Pleasetellusaboutanymoneythatyouoryourpartner

havetopayoutregularly,butdonotincludenormalliving

expenseslikegasandelectricchargesorfoodbills.

Includethingslikecataloguemoney,hirepurchase,loan

paymentsandfines.

l Ifyouneedmorespace,usetheboxin Part8.

Whodoyoupaythemoneyto? Howmuchareyoupayingandhowoften? Howmuchisowed?

£ every

Part6

Aboutsavings

Doyouoryourpartnerhaveanysavings?

Ifyouandyourpartnerarebothagedunder60,

wemaybeabletodisregardthefirst£1,000of

Yes Howmuchdoyouhave?

yoursavings.Ifeitheryouoryourpartnerare

over 60,wemaybeabletodisregardthefirst

£2,000ofyoursavings.

Savingsmeansanycapitalyouandyourpartner

have,including

l anymoneyyouhaveathome,inthebank,in

thebuildingsocietyorinacreditunionaccount

l premiumbonds

l investments,suchassharesorunittrusts.

l thevalueofanypropertyyouoryourpartner

ownthatyoudonotlivein.Forexample,a

houseyouletout,aholidayhome,or

somewhereanothermemberofyourfamily

lives.

Part7

Howwepayyou

Wenormallypayyourmoneydirectintoanaccount

Manybanksandbuildingsocietieswillletyoucollectyourmoneyatthepostoffice.

WewilltellyouwhenyourSocialFundpaymentwillbemadeandhowmuchitwill

be for.

Findingouthowmuchwehavepaidintotheaccount

Youcancheckyourpaymentsonaccountstatements.Thestatementsmayshow

yourNationalInsurance(NI)numbernexttoanypaymentswehavemade.Ifyou

thinkyourpaymentiswrong,getintouchwiththeofficethatpaysyoustraightaway.

Ifwepayyoutoomuchmoney

Wehavetherighttotakebackanymoneywepaythatyouarenotentitledto.

This maybebecauseofthewaythesystemworksforpaymentsintoanaccount.

For example,youmaygiveusinformationwhichmeansyouareentitledtoless

money.Sometimeswemaynotbeabletochangetheamountwehavealreadypaid

you.This meanswewillhavepaidyoumoneythatyouarenotentitledto.

Wewillcontactyoubeforewerecoveranymoney.

Whattodonow

l Tellusabouttheaccountyouwanttouseonthenextpage.Bygivingusyour

accountdetailsyou:

–agreethatwewillpayyouintoanaccount,and

–understandwhatwehavetoldyouaboveinthesectionIfwepayyoutoomuch

money.

l Ifyouaregoingtoopenanaccount,pleasetellusyouraccountdetailsassoonas

yougetthem.

l Ifyoudonothaveanaccount,anddonotintendtoopenone,pleasetickthebox

andwewillcontactyou.

Fillintherestofthisform.Youdonothavetowaituntilyouhaveopenedanaccountorcontactedus.



Part7

Howwepayyou

continued

Abouttheaccountyouwanttouse

Pleasetellusyouraccountdetailsbelow.Itisveryimportantyou Abouttheaccountyouwanttouse

completeALLboxescorrectlyincludingthebuildingsocietyrollor Youcanuse

referencenumberifyouhaveone.Ifyoutellusthewrongaccount

detailsyourpaymentmaybedelayedoryoumaylosemoney.You

canfindtheaccountdetailsonyourchequebookorbank

statements.Ifyouarenotsureaboutthedetails,askthebank,

buildingsocietyorotheraccountprovider.

l anaccountinyourname

l ajointaccount,or

l someoneelse’saccount,

– subjecttothetermsandconditionsoftheaccount,and

– aslongasyouhavetheotherperson’spermissionandauthorisethem

tousethemoneyinthewayyoutellthem.

l IfyouareanAppointeeoralegalrepresentativeactingonbehalfofthe

claimant,theaccountshouldbeinyournameonly.

l Tobepaidintoacreditunionaccountyoumustprovidethecreditunion’s

accountdetails.Yourcreditunionwillbeabletohelpyouwiththis.

Nameoftheaccountholder

Pleasewritethenameoftheaccountholderexactlyasitis

shownonthechequebookorstatement.

Fullnameofbank,buildingsocietyorotheraccountprovider

SortCode

Pleasetellusallsixnumbers,forexample:12-34-56.

Accountnumber

Mostaccountnumbersare8numberslong.Ifyouraccountnumberhas

fewerthan10numbers,pleasefillinthenumbersfromtheleft.

Ifyouareusingabuildingsocietyaccountyoumayneedtotellusaroll

orreferencenumber.Thismaybemadeupoflettersandnumbers,and

maybeupto18characterslong.Ifyouarenotsureiftheaccounthasa

rollorreferencenumber,askthebuildingsociety.

Buildingsocietyrollorreferencenumber

Youmaybegettingotherbenefitsandentitlementsthatarenotpaiddirect

intoanaccount.Tohavethempaidintotheaboveaccount,pleasetickthebox.

Part8

Otherinformation

Postofficedetails

Pleaseprovidedetailsofyourlocal

postoffice

Postcode

Pleaseusethisspacetotellusanythingelseyouthinkwemightneedtoknow.Ifthereisnot

enoughspace,useaseparatesheetofpaper.

MakesurethatyouputyourfullnameandNationalInsurance(NI)numberonanyseparatesheets.

Ifyouhaveanyotherdocumentsthatyouthinkwillhelpustodecideyourapplication,sendacopy

ofthesedocuments.

Part9

Forpeoplefillinginandsigningthisformforsomeoneelse

Haveyoufilledthisforminforsomeoneelse?

No Goto Part10.

Yes Pleasetellusaboutyourself

NowsignthisforminPart10.

thisformforsomeoneelse. bytheclaimantwiththis

form.Thelettertellsyouthat

theyagreetomemakingthe

claimforthem.

Iamtheirappointee

Ihavepowerofattorney

Pleasetelluswhyyouarefillinginandsigning Iamsendingalettersigned

Fullname

Dateofbirth

Address

Phonenumber

work mobile fax

Whatisthisnumber?

Home

Pleasetick

NowsignthisforminPart10.

Mr/Mrs/Miss/Ms

/ /

Postcode

Code Number



 

Part10

Declaration

Ideclare thattheinformationIhavegivenonthisformis

Signature

correctandcompleteasfarasIknowandbelieve.

Iunderstand thatifIknowinglygiveinformationthatis

incorrectorincomplete,mybenefitmaybestoppedandImay

beliabletoprosecutionorotheraction.

Iunderstand thatImustpromptlytelltheofficethatpaysmy

Date

benefitofanythingthatmayaffectmyentitlementto,orthe

amountof,anyaward.

ThisismyapplicationforaBudgetingLoan.

ThepersonwhomadetheclaimforIncomeSupport,income-

basedJobseeker’sAllowance,income-relatedEmployment

andSupportAllowanceorPensionCreditandwhogetspaid

thatbenefitorentitlementshouldsignanddatethisform.

/ /

IhavereadbacktothecustomertheentriesImadeonthisform

basedontheinformationgivenbythem.

Thecustomerhasagreedtheyarecorrect.

Interviewingofficer’s

Customer’ssignature

signature

Date Date

/ /

Part11

Whattodonow

l Lookthroughthisformandcheckyouhaveansweredallthequestionsandgivenall

theinformationrequested.Yourapplicationmaybedelayedifwedonothaveall

theinformationweneed.

l Ifyouhavemadeanyalterations,pleasemakesureyouinitialanddate them.

l CheckyouhavesignedtheformatPart10.

/ /