To get a Budgeting Loan you must have been getting one or more of these benefits for the past 6 months (26 weeks (breaks of up to 28 days are ignored):
If you moved from Universal Credit to Pension Credit, any time spent claiming Universal Credit will count towards the 6 months.
You cannot get a Budgeting Loan if:
you are currently claiming Universal Credit - apply for a Budgeting Advance instead
you’re involved in industrial action (for example, a strike, walkout or lockout)
you owe more than £1,500 in total for Crisis Loans and Budgeting Loans
You cannot get a full Budgeting Loan if you (or your partner) have more than £1,000 in savings. This amount is £2,000 if you (or your partner) are over 62 year's old.