We’ve introduced a new loan, a Family Budgeting Loan and it’s for families that receive Child Benefit. It’s open to both new and existing members who want to use their Child Benefit payments to repay a loan taken out to help with the family budget. For full details of this new and exciting offering, see this page.
Read this article about how Lloyds Bank is demanding repayment of a loan from NHS worker.
Student loans have moved to gov.uk and introduced a new repayment option which Martin Lewis brands as ‘damaging and dangerous’ in this article.
Professor Peter Shears from Plymouth Law School, writing for the Plymouth Herald, warns against getting involved with Loan Sharks and recommends City of Plymouth Credit Union, alongside Citizens Advice, as the “go to” organisation for help.
See this article where Martin Lewis accuses some companies of acting almost fraudulently regarding loans backed by PPI.
It’s the 5-week wait issue again. the DWP are facing pressure to turn the loan issued to claimants to tide them over into a grant. See the full story here.
See this article for the full story.
The DWP are considering extending the period Universal Credit recipients have to repay debts caused by the infamous 5 week gap to greater than the present 16 months. See the full story here.
Subject to strict rules for eligibility and repayments, you could get a loan from the DWP to help with budgeting. See this article for the full story.