You can apply for a Homemaker loan of up to £2,250 in £50 increments starting at £50. APR = 42.6%
Fixed term of 28 weeks.
Maximum first loan is £500.
To qualify for this loan:
- Your income needs to be at least £500 per month
- You can borrow £25 for every £1 of child benefit received each week
- If you have 1 child the maximum loan is £500. If you have 2 children the maximum loan is £850 and for 3 children it is £1,175. For 4 children it is £1,525.