Uncle Buck Finance LLP changed its name recently from Uncle Buck Payday Loans LLP to better reflect the range of products it offers and is developing in the short term lending marketplace. The Competition and Markets Authority have stated in their final report published on 24 February 2015 that “there is a clear demand for short term, small sum credit” and Uncle Buck is determined to offer customers more flexibility and choice of product and repayment terms.
Everything else customers have come to expect with Uncle Buck remains the same, only the name has changed. Uncle Buck is a direct lender operating in the short term marketplace. Its products fall under the HCSTC definition and conform to the price cap requirements.