Universal Credit boost: DWP offers £812 financial lifeline to struggling families

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Universal Credit boost: DWP offers £812 financial lifeline to struggling families
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Families receiving Universal Credit and facing difficulties with bill payments can request a single payment of £812. Although this option is accessible to all Universal Credit recipients, awareness about the Budgeting Advance loan is limited.

However, it's crucial to understand that this isn't a gift; the funds must be repaid. Repayment is made through your usual Universal Credit payments, which will be reduced over the following months until the loan is fully settled. How much can I borrow? According to the Government, the loan amount is based on your specific needs and will be determined in consultation with your work coach.

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