Social Security Benefits

(asked on 18th July 2023) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how many households with deductions in Universal Credit and other social benefit payments for Budgeting Advances are on a repayment schedule for this loan of (a) 0-3 months, (b) 3-6 months, (c) 6-9 months, (d) 9-12 months and (e) more than 12 months in the most recent month for which data is available.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 4th September 2023

Figures for households on other social benefits with a deduction for budgeting advances is not held. Figures relating to Universal Credit are provided in the table below.

Notes

1. The number of budgeting advances has been rounded to the nearest 100.

2. Data for February 2023 has been provided, in line with the latest available Universal Credit Household Statistics.

3. Figures are provisional and are subject to retrospective change as later data becomes available.

4. Some households are repaying more than one budgeting advance. Each advance will be recorded so affected households will appear more than once in the table. This impacts about 1% of households.

Table 1: Repayment Schedule for Budgeting Advances in February 2023

Repayment Schedule (in months)

Number of Budgeting Advances being Repaid

0 to 3 months

1,500

4 to 6 months

22,600

7 to 9 months

21,800

10 to 12 months

873,700

More than 12 months

-

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