What is a Payday Loan? 

Payday loans are used for borrowing a small amount of money and repaying (with interest) on your next payday, when you get paid from work or in monthly instalments over the short term. They are typically used to cover an immediate or emergency expense and by applying online, lenders are usually able to transfer the funds to your account in one lump sum within 24 hours if your application is approved.

Uncle Buck is a leading payday loans lender in the UK offering finance between £100 and £1,000 repaid over 3 months in monthly instalments. By repaying over instalments, it gives you the flexibility to spread your repayment over time and manage your finances effectively.

We have been trading since 2004 and have developed a reputation as one of the most trusted and responsible payday lenders in the industry.  Uncle Buck is a fully authorised firm and is regulated by the Financial Conduct Authority. You can find us on the FCA register here.

What is The Criteria For Applying For A Payday Loan? 

To be eligible for a loan with Uncle Buck, applicants must meet the following criteria:

  • Over 18 years of age
  • UK resident
  • In employment
  • Valid debit card
  • Your salary is paid into your bank account
  • Working email address and mobile phone
  • Not currently in debt management, individual voluntary arrangement or under any bankruptcy proceedings.
  • Agree to a credit check

For more information, visit our help and support section.

How The Application Works 

Our application is 100% online and customers can apply by clicking on the apply now button on this page. The application can be completed on desktop, mobile or tablet and only takes a few minutes.

You will be asked some basic questions regarding your residential status, employment, income, outgoings and bank account details so we know where to send the money to. Our website is hosted on a secure server so that your personal details will be kept extra safe.


Once you have filled in the details, we will carry out some checks and provide you with an instant decision to let you know if you have been provisionally funded or not. Our payday loan checks may be quick but they are also very thorough to carry out sufficient affordability and credit checking.

During the application process, we provide you with pre-contractual information that highlights the key features of your loan, including how much it costs, the loan term, how we collect your repayments and what happens if you cannot meet repayments. We ask you to read and consider this information carefully. To approve the agreement, we will ask you to electronically sign the document using an email link sent to your email address and PIN code sent to you by SMS.

Once confirmed, we may carry out some final checks including a phone call but provided that we are happy with everything, we can typically transfer the funds to your debit account within one hour if your bank accepts faster payments.

What Is The Cost Of A Payday Loan? 

To be fully transparent, the cost of a loan with Uncle Buck is clearly shown on our loans calculator and in the documentation you receive prior to funding your loan.

Our rates are in accordance with the Financial Conduct Authority’s (FCA) price cap regulations as interest is capped at 0.8% per day, default fees are capped at £15 and the total interest and fees charged on a loan can never exceed double the amount borrowed.

If your payment is still outstanding after 3 days, we may charge you a missed payment fee on the first missed instalment. This helps to cover the cost of our agents trying to contact you by phone and other means. In addition, you may be charged default interest at 0.8% per day on the outstanding principal if your loan is in arrears subject to the application of the rate cap.

Representative Example: Borrow £250 over 82 days, you will repay 2 repayments of £119.75 and a final repayment of £116.25 totalling £355.75.  The interest rate is 292% pa (fixed). Representative 1241.53% APR.

Although we want to offer loans with low APR which makes it simpler to compare our loans with other products, the rate is calculated as though the loan is taken out for an entire year.

Since the loan only lasts a few months, it is multiplied several times and that is why it seems very high at 1241.53%. For a more accurate cost of the loan, we encourage you to use the repayment examples and calculators we have provided.

How Much Can I Borrow? 

New customers can apply to borrow up to £500 for their first loan. Customers who have borrowed from us before and have successfully repaid may be able to borrow higher amounts, possibly up to £1,000, provided that they meet the criteria and pass the relevant checks.

The amount you can borrow will be based on the credit and affordability checks that are carried out during the application process. We need to ensure that you can afford a payday loan and this will not lead to financial difficulty.

Therefore, by getting an idea of your credit history, income and expenses, this will allow us to determine whether you are eligible for a loan and find an amount that suits your requirements.

Payday Loans Direct Lender 

As a direct payday lender, there are no upfront fees for applying with Uncle Buck and you know exactly who you are dealing with from start to finish.

It is for this reason that a lot of customers will search for payday loans not brokers so that they do not have to go through any other company and can work directly with the lender of their choice.

If we are unable to approve your loan and the customer has given consent during the application, we may involve a third party credit broker who will seek a responsible alternative for you.


Repay Your Loan Early 

If you wish to repay your loan early you have a legal right to do so. You will not be charged any early exit fees and you may be entitled to a rebate of interest, overall saving you money on your loan. You can clear your account early at any time and can arrange this by calling or emailing our customer services team.

About Uncle Buck LLP 

Uncle Buck Finance LLP has a fully UK based call centre which is located in Kent. Customers can apply for a payday loan online 24 hours a day and 7 days a week, including weekends. Our opening hours are Monday to Friday from 9am to 6pm and on Saturdays from 9am to 3pm and during this time, you can speak to our customer service agents if you have any questions on 01959 543400 or you can email us on info@unclebuck.tv

We are committed to treating customers fairly which puts our customers at the heart of our business and everything we do. We invest a lot of time in training and developing our people so you can be reassured they will listen to your query and respond appropriately. We continually review the feedback we receive and act on this, so we are confident of giving our customers what they want in the payday loan products we offer. Our complaints procedure is easily accessible on our website and made available to customers at the point of sale should anyone be dissatisfied with the service they have received.

We are members of the BCCA and uphold the Good Practice Customer Charter and Addendum to Code of Practice. This Charter gives you, the customer, enhanced protections over and above those required in law and our abidance of the Charter demonstrates that we are a responsible payday loan lender.

Our loans are for short term use only and shouldn’t be used to manage existing debt.