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Showing posts from July, 2021

Legacy benefits 2022 budgeting loan updated

How long does a  DWP budgeting loan take to  be processed  - July 2021  If you are on a benefit that makes you eligible for a budget loan from the DWP then you may be aware of the new digital process which is making them easier and much less time-consuming.       The old process - You would apply online and then wait for a text message saying it was received, this would take a few days to a week. After 2 weeks on average maybe more you would get a letter with a loan offer for you to accept repayment terms and post back. including delivery time and then processing by the DWP this stage would average another two weeks. The process would usually average 4 weeks which I think made some people take out high-interest payday loans or sell items at places like cash converters and the like, budget loans were not seen to help in crisis getting people into further debt even though the DWP resource was there it was purely a timescale thing. Whats changed with DWP budget loans in 2021  The timescal