A same day loan refers to being able to apply for funds, receive a decision and, if approved, have the money successfully transferred to your account all on the same day.

Uncle Buck are a same day lender allowing customers to complete an online application within 5 minutes. Successful applicants will receive funds directly into their bank account in less than 24 hours provided their bank accepts Faster Payments.



All applicants will be subject to a series of credit and affordability checks but provided you are approved, we process payments between the hours 7am and 7pm everyday so you can access the finance you need.

Uncle Buck was founded in 2004 and is authorised and regulated by the Financial Conduct Authority to provide short term loans up to £1,000.

Same Day Loans for Emergency Purposes 

The purpose of same day loans is typically to cover an emergency expense that may not have been budgeted for. It is advisable to  try hard to put money aside for a rainy day, with some financial experts suggesting an amount of 3 months’ salary or at least £1,000 be put aside or tucked away.

However, there are always unforeseen circumstances that we do not anticipate. Common emergencies that incur large costs include:

  • Broker boilers
  • Plumbing problems
  • Hole in the floor or ceiling
  • Car repairs
  • Flooding in the house

The idea is that you are able to apply for a loan and, if approved, receive the funds directly into your debit account within a matter of hours. You can use the money that you borrow to fix any household emergencies immediately and put your mind at ease. You can then repay the loan amount and interest agreed on the repayment dates agreed between you and your lender. Simple.


When Would You Need a Same Day Loan? 

One of the most common examples of an unexpected emergency is relating to car repairs. Studies have shown that UK motorists spend around £400 per year on unplanned repairs to their car. (Source: Daily Express)

Since many people need their vehicles for everyday use such as going to work, picking up the kids from school or buying groceries – they cannot afford for their car to be out of use. Therefore, applying for a same day loan and being approved can allow borrowers to get the money they need and have their vehicle back on the road in no-time.

How We Collect Repayments 

Our collection process is automated using a system known as continuous payment authority. With your permission, this allows us to automatically apply for an agreed amount from your debit card each month and means that you do not have to worry about calling us up or making a manual repayment every month.

An advantage of applying through Uncle Buck is that our loan repayments are spread out over flexible monthly instalments. Instead of taking out a loan and having to make the full repayment at the end of the month, we make the repayment process more flexible.

You can choose which repayment dates you would like the collections to come out of your debit account. We advise these dates co-incide with your payday (usually the last Friday of the month) to ensure you have enough money in your bank account.   We will send you repayment reminders on the days just before your repayment dates to remind you how much is due.

By staggering the repayments over monthly instalments, you are able to pay for your immediate expense and then have more time when it comes to making the repayments although by extending the repayment term you will pay more overall. You also have the option to repay your loan early at any time and you may receive a rebate of interest depending on how early you request to repay.

Please see our typical repayment example below.

Example: Borrow £400 over 6 monthsRepayment
Months 1-5£113.95 per month
Month 6£105.05
Representative Example: Amount of credit: £400 for 6 months with five repayments of £113.95 and one final repayment of £105.05. Total Repayment £674.80. Interest rate: 292% pa (fixed). Representative 1253.4% APR

How to Apply 

Customers can apply for same day loans online through our application form. The application can be completed on desktop, mobile or tablet through our website, 24 hours a day, 7 days a week.

We ask you to fill in some basic questions including your name, address, income, expenses, employment status and bank details, so we know where to send the money to if your loan is approved.

Your application will be subject to a series of automated credit assessment checks allowing you to receive an instant decision letting you know if you have been provisionally approved. In some cases, we may require additional information from you to confirm income or employment. We are dedicated to responsible lending and ensuring that we can facilitate finance to those that can afford it and providing funds within hours of applying.

If you have any questions about the product we offer, we have a friendly team of advisors based in Kent, just outside London.

Our customer service agents are available Monday to Friday from 9am to 6pm and on Saturdays from 9am to 3pm. You can speak to the team by calling 01959 543400 or you can email us on info@unclebuck.tv