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Budgeting/social fund loan

(3 Posts)
user1471173214 Tue 17-Oct-17 09:35:37

A friend of mine has applied for a budgeting loan online and they messaged to say they had received the application around a day or 2 after she had sent it off. Was just wondering how long it would take for a decision and to get the payment from then? I know it says 15 working days, but I was wondering how long it took other people's application to finalise. Thanks x

loveisasecondhandemotion Tue 17-Oct-17 13:09:10

Hi op I have had a couple of budgeting loans and they're really quick.
Text to say application received and normally around 5 days later a letter confirming approval and date to go in bank which is usually 3/4 days after that.

user1471173214 Tue 17-Oct-17 13:51:30

Thank you. When my partner was out of work and I was claiming benefits (a while back now), there wasn't an option to do it online, so wondered if it would be quicker x

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