How It Works

At Uncle Buck, we’ve tried to make our short term loan service as straight forward as possible. From application to approval right through to fund transfer, our service is second to none.

As a provider of urgent loans, we know time is of the utmost importance. That is why our process only requests the most basic information of you and is designed and built to facilitate the lending of money as quickly as possible. Read on to see how our service operates.

Choose Your Desired Loan Type

The first thing you need to do is decide what type of loan you’re looking for. Our website offers a range of short term lending products from payday loans to same day loans right through to bad credit loans. All the loan types we offer can be taken out on 1 month to 36 month terms. You can also borrow anywhere from £100 to £5,000. The loans are also considered cash for any purpose, so you do not need to specify what you intend to take the loan out for.

Complete Your Loan Application

Once you have decided what loan type you’re looking for, you can begin your loan application. You will find out application form extremely easy to understand and you will be undoubtedly familiar with all the information we ask of you. We only ask the most basic information to process your application. Information such as your personal details, and contact information along with the details surrounding your income, expenditure, and source. We will also request your bank account details. However, this is only so our lending partners can directly transfer the loan funds to you.

Submission and Lender Matching

Upon submission of your loan application, our system will send it to our pool of dedicated lenders who will automatically review and send back a loan offer. Our software will then decide on the best match for you and present it. This whole process takes 2 – 3 minutes. Lenders may perform a soft credit check on you to determine if you’re eligible for a loan, but this type of search will not leave a lasting mark on your credit report.

Instant Decision

You will be informed of our lender’s decision immediately on screen after the above lender matching process has been carried out. It takes 2 – 3 minutes to receive approval so you’ll know relatively quickly. If you are refused, you are welcome to apply again. A lot of the lenders we partner with specialise in helping those with bad credit, so even if you have a bad credit score, you may still be approved.

Accept the Terms

The final step of the process is the acceptance of the loan agreement. You will be presented with the details of the loan you’ve been approved for on screen and it will detail the amount, the term, your monthly repayments and how much the loan is costing you in terms of interest. You will then have the option to either accept or decline the agreement. You are under no obligation to accept any loan offer presented to you.

Fast Cash Transfer

If you go ahead and accept the terms offered to you, the fast cash transfer process will begin. Transfers are made at the lender’s discretion, periodically throughout the day. If you apply on a regular working day in business hours, it’s highly likely you will receive the funds same day. If you apply during the evening, weekend or over a public holiday, however, your funds may be delayed until the following working day.

Uncle Buck is a registered trading name of Chojin Ltd. Chojin Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number 732880. Licensed by the Information Commissioners Office (registration number ZA214952).

Chojin Ltd is registered in England and Wales (Company number 07339611), with a registered office located at 241 Highland Drive, Loughborough, Leicestershire, LE11 2QF.