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Universal Credit

Are you ready for Universal Credit?

Universal Credit (UC) is a new benefit that is designed to give you the support you need to prepare for work, move into work, or earn more. In return for this support, it is your responsibility to do everything you can to find work or increase your earnings.

Universal Credit is being introduced in stages, with new claimants being put on it immediately and with everyone else already on the relevant benefits being moved onto UC over time.

Universal Credit will replace:

  • Income-based Jobseeker’s Allowance
  • Income-related Employment and Support Allowance
  • Income Support
  • Working Tax Credit
  • Child Tax Credit
  • Housing Benefit

One of the changes coming with Universal Credit is that if you get help with your rent - this will in future be paid directly to you and it will be up to you to pay your landlord. Another is that your first payment under UC may be up to five weeks after you apply and then it is paid monthly thereafter, rather than weekly or fortnightly as it has been previously. This makes the need for planning and budgeting all the more important and is something that we are here to help you with.

Where we agree loans for members where repayment is to be met from Universal Credit, we will require those loans to be repaid on a monthly basis and, for those with existing loans moving onto UC, we will need to work with you to reorganise your loan(s) to be repaid monthly.

For further information about Universal Credit watch the Department for Work and Pension's Introductory Video

Or visit the Univeral Credit website pages for:

To see a full service overview of Universal Credit, including how to apply, please watch the following video:


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Lewisham + Bromley Credit Union Limited is a member of the Financial Services Compensation Scheme (FSCS), complies with the Data Protection Act 1998 and is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Firm reference number 213588. Credit Union Registration Number 295C (IP00295C at Companies House).

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