Debt relief order & budgeting loan

rachw89
rachw89 Online Community Member Posts: 26 Contributor
edited September 2024 in Universal Credit (UC)

hi I have started a dro a couple months ago for debt. I had a universal credit budgeting advance written off because it was included in the dro. It has been updated on my uc account, just wondering if I can apply for another budgeting loan or not?

Comments

  • Rachel_Scope
    Rachel_Scope Posts: 2,118 Scope Online Community Coordinator

    Hi @rachw89. Here's some Government info on eligibility Budgeting Help Eligibility. It seems that if you owe more than £1,500 in total for loans you would not be eligible. I also found this: Insolvency which mentions that you can apply for any type of advance after the date your insolvency order started.

    Just so you're aware, we're unable to give out any financial advice as we are not trained financial advisers. This information is from what I have found through an internet search. Hope it helps 😊

  • Stroud2024
    Stroud2024 Online Community Member Posts: 36 Connected

    Hi this is probably a bit late to comment a year later ha!

    Just wondering if you applied and was accepted as I am in the same position. My DRO was accepted just over a month ago though.

  • rachw89
    rachw89 Online Community Member Posts: 26 Contributor

    hi stroud2024 yes I applied and had another one the other one was written off, they accepted it no problem and my dro has finished now

  • sarahc546
    sarahc546 Online Community Member Posts: 2 Listener

    hi

    I’m just wondering if you got the full budget advance or did you have to apply under £500 I have a dro and it states with dro’s no-one can apply for credit of £500 or over.

  • sarahc546
    sarahc546 Online Community Member Posts: 2 Listener

    hi Stroud2024,

    was you able to get yours, I’ve been putting it of thinking if i apply it will affect mine. My dro finishes end of April.

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