× Members

Repayment of loan

Start
Prev
1
Next
End

Anji
Topic Author
Offline

2 months 3 weeks ago #298607 by Anji

Repayment of loan was created by Anji

Hello folks

I have a hypothetical question...

When a claimant is paid PIP backpay they can have over £6k in savings for a year without it affecting benefits. If someone were to use this money to repay a loan (say for example a family member had been supporting them on a monthly basis on the understanding that the support money was a loan and the claimant would, one day, repay it) would that be an ok use of the money?

Thanks
Anji

Please Log in or Create an account to join the conversation.

BIS
Away

2 months 3 weeks ago #298631 by BIS

Replied by BIS on topic Repayment of loan

Hi Anji

Your question is outside the remit of the forum, but as far as I'm aware a claimant can use that money for whatever they want. No one will be asking them.

BIS

Nothing on this board constitutes legal advice - always consult a professional about specific problems

The following user(s) said Thank You: Anji

Please Log in or Create an account to join the conversation.

Anji
Topic Author
Offline

2 months 3 weeks ago #298657 by Anji

Replied by Anji on topic Repayment of loan

Ok, great thanks for replying

😀

Please Log in or Create an account to join the conversation.

Start
Prev
1
Next
End

Moderators: Gordon, Gary, BIS, Catherine, Wendy, Kelly, greekqueen, peter, Katherine, Super User, Chris, David

Repayment of loan

Information

Members

Terms of Use

PIP, ESA & UC are changing.

Don't get left behind!

Over 110,000 subscribers trust our FREE
fortnightly newsletter to keep them informed and prepared.