DWP Universal Credit claimants can get £812 loan if they're caught short this winter

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DWP Universal Credit claimants can get £812 loan if they're caught short this winter
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Many benefit claimants can get a loan worth up to £812 if they get an unexpected cost - which can be repaid over two years

As the nights draw in and temperatures drop, millions of Brits are bracing themselves for higher heating costs during an already costly time of year. With Christmas and the holiday season fast approaching, many will find themselves short on cash at the worst possible time. However, those receiving Universal Credit and other benefits from the Department for Work and Pensions can access much-needed financial assistance through the Budgeting Advance loan.

MoneySavingExpert warning as millions of people are missing out on unclaimed benefits Now, however, claimants have 24 months to repay the full amount, making repayments more manageable as smaller amounts are deducted from monthly benefit payments. It's important to remember, though, that these deductions will result in lower Universal Credit payments each month.

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