Published On: Sat, Apr 25th, 2020

Universal Credit: Is Universal Credit backdated? | Personal Finance | Finance

You will usually find out the same day if you can get an advance.

You start paying the advance back out of your first payment, however, it’s your choice how many months you pay the advance back over as long as it doesn’t exceed 12 months.

The advance you receive will not have pay interest on it meaning the total amount you pay back is the same.

How much you get depends, but it’s possible to get up to 100 percent of your estimated Universal Credit payment.

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