how-long

To apply for a budgeting laon you have to go through several stages, however you can try to speed up the process little and we are going to show you how.

The whole process can take ?3 weeks +

But first lets understand the process:

  1. You fill in the form
  2. You retrun the form
  3. The form goes to a sorting centre
  4. The form is sent to the processing office
  5. The form is logged
  6. The form is then placed into current work
  7. The form is assessed
  8. An offer is sent to you
  9. You return the offer
  10. The offer is sent to a sorting office
  11. The offer is sent to the processing office
  12. The acceptance letter is logged
  13. The acceptance is put into current work
  14. The acceptance if processed
  15. Your payment is issued.
IF YOUR APPLICATION IS NOT COMPLETED CORECTLY- IT IS SENT BACK!

Given that there are so many steps and you are relying on the Royal Mail at least twice during your application- it can take some time!

You CAN speed things up -a little?

The best way to do this is to cut out as many steps as possible, and make sure that your appliction is completed fully at each stage.

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117 comments on “How long does it take

  • I got a tex on 3rd of November saying they’ve received my application form for a loan and I haven’t heard anything else yet it’s been over 2weeks people I know have already had an offer why haven’t i

    • Just got off the phone to them, they had 75000 applications in that week (I got my text 4/11/16) and it will take 15 days before a decision is made instead of 10. Absolute nightmare but unfortunately people abuse the system and use it for Christmas this time of year.

    • Yes i too received a text on the 14th Nov, still waiting for an offer. I think it’s because it is now done by an external company

  • Now you can apply online in jobcentre took 5 days for acceptance letter so what i read it should be in bank in the next week as i sent back the acceotance declaration back monday 21/11/16

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