How much can you loan from Uncle Buck?
New customers can apply to loan up to £500. Existing customers can apply for loans up to £1,000 in value.
What sort of repayments are customers expected to make?
Uncle Buck’s representative APR is 1244%.
If you were to borrow £300 for a 4 month period, you would pay back a total of £442.95, broken down into 3 monthly payments of £111.89 and a single payment of £107.28. This is based on a fixed annual rate of 292% (0.8% daily interest)
How long do customers have to pay back their loan?
New and existing customers have the option to repay over 4 or 6 months.
Do Uncle Buck allow you to repay the loan early?
Yes, you can repay your Uncle Buck loan at any time without incurring any additional costs or fees.
Will you be charged fees for late payments?
If you miss a payment Uncle Buck may charge you an extra £5.
How quickly do Uncle Buck pay out the money?
As a short-term payday loan provider, Uncle Buck say they will transfer funds within 15 minutes of agreeing the loan. This is valid 7 days a week between the hours of 6am to 11pm. Applications approved after 11pm will mean funds are received the next day.
Can you manage your loan online?
Yes, Uncle Buck will provide customers with an online account where they can track their loan schedule and make payments.
How can you apply for an Uncle Buck loan?
To be eligible for an Uncle Buck loan applicants must be:
- At least 18-years-old
- A UK resident and in employment
- Receiving your salary into your bank account
- In possession of a debit card
- Able to demonstrate you are not on a debt management plan (DMP), individual voluntary arrangement (IVA) or entering into bankruptcy
Customers can apply via the application form online where they must provide personal and employer details, full bank details and address history. Uncle Buck will also ask for income and expenditure details to ensure you meet their eligibility requirements.
What are Uncle Buck’s customer service details?
Uncle Buck’s customer service team are available between the hours of 8am to 8pm, Monday to Friday.
On Saturday they can be reached between 9am and 5pm.
Phone: 01959 543400
Are Uncle Buck on social media?
How do other customers review Uncle Buck?
Reviews for Uncle Buck on Trustpilot, show a rating of 3.4/5 based on 1,774, as of March 2020.
Are Uncle Buck regulated by the Financial Conduct Authority (FCA)?
Yes, Uncle Buck have been regulated by the FCA since 19/2/16. Their FCA register page shows they have traded as Uncle Buck Finance LLP since 25/2/15.
Uncle Buck summary
Uncle Buck are a short-term direct loan company providing financial solutions to their customers. New customers can apply for between £100 and £500, while returning customers are offered access to £1,000.
The representative APR is 1244%, with a daily interest rate of 0.80%, and repayment terms of either 4 or 6 months available.
To apply for an Uncle Buck loan you need to meet the following criteria:
- Aged 18 years or over
- Currently in work and a full UK resident
- Have UK bank account that receives your salary
- Own a credit card
- You must not be on an IVA, DMP or bankrupt
Successful applicants are given an online account to manage their schedule and make payments. Funds are transferred within 15 minutes to your bank account.
As of March 2020, Uncle Buck have a Trustpilot rating of 3.4/5 based on 1,774 reviews. The company is authorised and regulated by the FCA.