In this difficult time, there's support available immediately for all who need it, we appreciate many of you will find yourself suffering unprecedented financial hardship as a direct result of the ongoing coronavirus.
If your credit rating isn’t great you may be tempted by high cost debt providers such as quick cash or payday lenders to see you through the crisis. But these can work out more expensive, particularly if your benefits application gets delayed and you can’t repay the loan on time.
Credit Union loans are much cheaper than Payday Loans, and you can pay the money back at a rate you can afford once your cashflow stabilises.
Borrow between £300 and £500 and repay over 12 months at 3% per month (42.6% APR) by Direct Debit or directly from Child Benefits (application assessments are subject to affordability and credit checks).
You don’t need to be a member to apply but if approved you will have to pay £5 to join (£2 as a membership fee, £3 initial deposit to a Savings Account).
You’re eligible to apply for a Kent Savers Emergency Loan if you:
Many employees will be entitled to Statutory Sick Pay (SSP) if they fall ill. Recent changes have been made to make this payable from the first day of illness.
The government has advised people who aren't entitled to SSP, including those who are self-employed, to claim Universal Credit (UC) or contributory ‘New Style’ Employment Support Allowance (ESA).
Depending on your circumstances you may be able to claim other means tested benefits. Use an independent benefits calculator to find out what you can claim.
If you are a tenant experiencing financial difficulties because of COVID-19, and are having difficulty paying your rent the government has put in measures ensure you do not face the threat of eviction for at least 3 months:
The Money Advice Service have up to date information and guidance:
If you're struggling to pay your Council Tax bill, you may be eligible for Council Tax Support
If you're already in receipt of Housing Benefit or Council Tax Support, tell us about your change in circumstances so we can check your claim. You can also apply for extra help with your Council Tax by applying for Discretionary Council Tax Reduction
If you're struggling to pay your rent and aren't already receiving Housing Benefit or Universal Credit, you should apply for Universal Credit for support with housing cost
If you're in receipt of Housing Benefit or Universal Credit housing costs, you can also apply for extra help with your rent by claiming Discretionary Housing Payments
Additionally, there are a range of advice and support services across the city, with more information available.