Loan for People on DSS Benefits
Loan for people on DSS benefits requests are not particularly common. However there is not very much information online for people on DSS benefits that are seeking loans and therefore we have decided to dedicate a page on this site to “loan for people on DSS benefits”.
DSS benefits are social security benefits. Some people refer to these as being “on the social”. There are times that someone with this type of income requires a loan for people on DSS benefits, for example if your boiler breaks down you might need to borrow money to have it fixed.
There are some lenders who accept some benefits as income to support a loan for people on DSS benefits. The benefit income that can sometimes be used could be:-
- State pension
- WFTC Working Family Tax Credit
- Long term disability benefit
- Invalidity benefit
- Foster care allowance
- Carers allowance
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Not Accepted Social Security Benefits
The benefits that are not usually acceptable as income to support a loan for people on DSS benefits are maternity benefit and child benefit.
If you are looking for a loan for people on DSS benefits and your income consists of social security payments we cannot promise you will find a loan but will guarantee to pass your details on to a loans company who will assess your personal details to try to find a lender to suit you.
You are welcome to apply online with our very short 30 second application form and you are under no obligation to proceed with any quotes. It is important that if you need a loan for people on DSS benefits you find a quote that is affordable for you to maintain the repayments.
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