Depending on your circumstances you may be to apply for a loan if you are a home owner or tenant claiming benefits or income support. It is fact that most of the population in the UK including many tenants claim benefit or income support in one form or another. Benefits are paid to individuals and families for a variety of reasons, these could be if you:

Work full or part time but have a low income and claim benefits in the form of tax credits.
You are sick or disabled.
You are a full time carer for a member of your family.
You have children and receive child benefit.
You are retired or a pensioner.

Whether you are on income support, claiming benefits, a private or council tenant, living with your parents, you are unemployed or retired there are companies who will consider applications for unsecured loans regardless of bad credit problems in the past. Your borrowing ability may be greatly improved by making a joint loan application if you are married or living with your partner who also claim benefits in addition to a regular income.

For tenants who are thinking of making a loan application and who claim benefit it is important to notify the lender of your total monthly income. In deciding whether to accept your loan application each company will assess your ability to repay the loan over the required period in addition to other lending criteria. Before deciding to get a loan quote, always seek professional advice.

Further help and information for tenants

For more information on claiming state benefit and income support if you are a home owner or tenant, retired, a lone parent, disabled, how to make a claim and what you are entitled to go here claiming state benefit

Please Note! YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. ALL SECURED OR UNSECURED LOANS ARE SUBJECT TO STATUS. SECURED LOANS ARE SECURED ON PROPERTY.