Uncle Buck (UncleBuck.tv) is a leading pay day provider in the United Kingdom. Should you need any help, their customer service team will help explain their services to you. The customer service team will also help you with your loan application if you don’t understand the process. Since they have been in business for some time, they know what customers like and dislike about applying for a loan and repaying it. However, they still respect customer feedback on their performance. Their main business philosophy is that you know where you are with them. They try to be as transparent as possible and describe their lending practices in full on their website. They believe in the Good Practice Customer Charter and have a copy posted on their site.
They understand how a small sum of money provided for a short period like a month can ease some of life’s pressures and give you the break you need to get your finances back in order. However, they are only a short term solution. They don’t provide large loans to resolve a big financial crisis nor do they offer long term loans.
APPLICATION REQUIREMENTS:
To be eligible for a loan with Uncle Buck you must be: over 18 years of age, an employed UK resident, have a bank account which your salary is paid into, have a valid debit card for this account, have a valid email address and contact number, and not be in any debt management plan. As responsible lenders, they expect their customers to be responsible borrowers. This means that they will not offer a loan when they believe it would be difficult for you, under your present financial circumstances, to pay it back.
LOAN AMOUNT AND CHARGES:
Uncle Buck offers pay day loans for unexpected expenses. Amounts that customers can borrow vary between £100 and £1000. Suppose you need to borrow £200 for 29 days. Then you would need to repay the loan with a single payment of £269.90. The interest rate used to calculate the cost of your loan is 439.89% per annum (fixed).
PROCESS:
Applying for a loan is simple and easy. You can apply whenever you need money for a tight situation. The application process is clearly explained when you visit Uncle Buck’s website. They will carefully assess your application and make a fair decision about your ability to pay the full amount by the due date.
PAYMENT:
If your loan application is approved, Uncle Buck transfer money every 15 minutes between the hours of 08:00 to midnight, 7 days a week, so you should receive your money without too much waiting. However they do warn customers that if your bank does not support Faster Payment then funds may take up to 3 days to reach your account.
