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uncle buck finance llp
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Founded in 2004, Uncle Buck Finance LLP was a prominent short-term lender in the UK, specializing in high-cost "payday" loans. The company provided small, unsecured loans directly to consumers online, intended to be repaid on their next payday. Following a regulatory crackdown by the Financial Conduct Authority (FCA) on affordability checks within the high-cost credit sector and a surge in customer complaints and compensation claims, the company became insolvent and officially fell into administration on March 27, 2020, with KPMG appointed as administrators.
United Kingdom
Industry
Financial