WAG 08-01-07-m: Loans

PM 08-01-07-m.

When a client says that payments they receive are a loan from a source who is not a bank or loan company:

1. Require the provider of the loan to submit a notarized statement that repayments are being made or will be made in the future.
2. Treat the income as a contribution if the provider of the loan does not provide a signed statement.
   1. Budget the income as unearned income.
3. Terminate aid if the failure to obtain verification is due to the client's noncooperation.