Uncle Buck
| Some quick information about our Uncle Buck review. | |
| APR (%): 2339% typical | Loan Amount: £1,000 (£400 for new users) |
| Typical Charges: 35% | Additional Charges: Unclear |
| Credit Check?: No | Debit / Bank Required?: Yes |
| Payment time (estimate): Same day |  |
What you need to know:
It’s a minor gripe but the first thing that irritates us slightly about Uncle Buck is the inaccessibility of their website. The website is a very fresh design in itself, it looks very attractive for what it’s worth, but in terms of offering a consistent navigational experience it proves a little bit frustrating, particularly when it comes to navigating between deeper pages on the site.
The one major concern we have with Uncle Buck are their charges. At £35 for a £100 loan, Uncle falls some £10 above the standard charge of £25 – there are FAR cheaper options out there and we encourage you to explore them. They have also neglected to report their APR in strategic places throughout their website. While APR is a relatively useless measure when it comes to evaluating the true value of a payday loan, it still must be displayed by payday lenders.
The entire Uncle Buck experience is a little bit frustrating – they have the potential to be a very good UK Lender, but they fall short on their charges and the overall experience.
Criteria:
To apply for a Payday Loan with Uncle Buck you must be over the age of eighteen years old, hold a valid UK Bank Account and Debit card and you must also be able to demonstrate that you can take in a regular wage. In a somewhat novel step, Uncle Buck will consider lending to self-employed people, providing they can show a cheque guarantee card (very few payday lenders lend to any self-employed people).
Customer Service and Complaints:
Again, we have noticed a few customers complaining about the standard of service on offer from Uncle Buck, notably in relation to having to send additional documents in order to validate their application. The majority of the best payday lenders can offer a seamless and easy application process without the need, on the whole, to fax or send additional documents – a few alternatives include Wonga.com, Speed-E-Loans or Quick Quid.
Overall:
We’re not overly impressed by Uncle Buck. Despite being one of the more prominent lenders in the UK their charges have hit the scale of extortionate and we wouldn’t recommend them for high value loans. There are cheaper options elsewhere, notably Wonga, Speed-E-Loans, Txt Loan, Payday Express, Payday UK or Quick Quid. We recommend opting for one of these options.
