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CONSULT.Outcome publishedConsultation · gov.uk

Social Fund Budgeting Loans: improving the process

This consultation seeks views on a proposal to change how people get a decision when they apply for a Social Fund Budgeting Loan.

Last fetched 03 May 2026 · gov.uk
Detail

If the proposal is accepted, we would phone applicants as soon as we’ve made a decision. They would be able to:

  • accept the loan offer during the call – and receive confirmation by letter, or
  • defer their decision until they receive a formal written offer by post

This change could reduce the time an applicant waits for payment by up to 10 days.

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