Uncle Buck has commented on the CMA’s recent change in their Price Comparison remedy proposal, insisting on common standards for all price comparison websites with payday entries.

London, UK -- (SBWIRE) -- 01/15/2015 -- The Competition and Markets Authority (CMA) issued a revised price comparison website (PCW) remedy proposal in December 2014. Initially, the CMA put forward the idea of an accreditation scheme where PCWs wishing to offer payday loan comparisons would need to seek accreditation. The scheme was proposed as voluntary. The CMA suggested the Financial Conduct Authority (FCA) were well placed to determine and administer the scheme. Following representations by the FCA, the CMA have amended the PCW remedy and issued a consultation thereon. The FCA has proposed that the remedy should be implemented through its authorization regime and would therefore apply to all PCWs operating in the payday market, creating common standards.

Uncle Buck Payday Loans LLP has been one of the first to speak up on the consultation, and was keen to point out that there are a number of benefits to this amendment. In the first instance, the FCA have made it very clear that PCWs acting as introducers in this way will be required to be authorized under the FCA's Permissions regime. This in itself, the company claims, will help to raise standards.

Secondly, a two tier system can be avoided. Uncle Buck pointed out that with some PCWs having voluntary accreditation and others not, the standard meant little in real terms. Thirdly, they claimed, consumers may benefit from having a wider choice of PCWs and a simpler way of accessing these, if accreditation was standardized to prevent future confusion.

A spokesperson for Uncle Buck Payday Loans Company explained, "Uncle Buck Payday Loans fully supports the Competition and Markets Authority's decision to amend their proposal for remedying the current Price Comparison Website situation. We have espoused the number of advantages we can see that will benefit both companies like ourselves and the consumers we are marketing to. We believe the proposals are fairer, more transparent, and better for all."

About Uncle Buck Payday Loans
Uncle Buck Payday Loans LLP can help you sort out short-term cash-flow problems without worrying that a loan will cause more problems than it solves. The Uncle Buck Payday Loans Company is a direct lender operating in the short term marketplace. Its products fall under the HCSTC definition.

For more information please visit: https://www.unclebuck.tv

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UncleBuck.tv launches payday loans for qualified candidates with 24/7 customer service and simple application requirements.

London, UK -- (SBWIRE) -- 01/14/2015 -- It is not unusual for consumers to need to borrow money to make ends meet from time to time. Household bills and pending invoices may be due in advance of a paycheck or expected payment. The need for additional finances can also be to cope with an emergency situation or urgent expenditure that will not wait. It is at this time that financial advisers often recommend what is known as a "payday loan" to make ends meet for a short period.

Meeting the loan requirements of these consumers is Uncle Buck Payday Loans LLP and their short term paycheck loan program. A spokesperson for Uncle Buck Payday Loans explains their trustworthy reputation, "We have become one of the leading UK payday loan companies in recent years. This is because our team strives to work with consumers to solve their short-term financial dilemmas. Our team members are trained to thoroughly assess each application we receive and remind potential customers that they should only borrow amounts of money they will later be able to easily repay."

The Uncle Buck Payday Loan spokesperson states, "UK consumers know that they can trust us. This company is regulated and has been authorized by the FCA or Financial Conduct Authority. As such, our entire organization is dedicated to following the national 'Good Practice Customer Charter' detailing a list of protections available to anyone taking out a short term or paycheck loan."

"We make clear how payday loans work to take care of urgent financial concerns." Uncle Buck continues, "All anyone has to do is visit our website to fill out an application. Our company requires several basic details such as personal identification, employment information and the dates on which you generally expect to be paid by your employer. That's all we need to begin to process a request for a payday loan. Depending upon the information provided, the approval process can take as little as fifteen minutes and as much as twenty-four hours. Once fully approved, many banks are equipped to accept an electronic transfer of funds almost immediately."

The spokesperson for Uncle Buck adds, "We see each of our customers as individuals in their own right. If our approval experts believe that they will not be able to handle the amount of money that has been requested, an applicant may be offered a smaller amount of money that we believe can be comfortably repaid in full. This exemplifies our commitment to safe lending and the concern we have for all of our customers."

About Uncle Buck Payday Loans LLP
This short-term loan company offers consumers an efficient online method for borrowing money. Their 24/7 customer service department is equipped to review applications for all qualified borrowers. When in need of a payday loan, consumers are merely asked to provide basic facts to borrow money until their next paycheck arrives. To accomplish their mission, Uncle Buck Payday Loans is fully regulated and works with consumers to make sure they never exceed their ability to repay what they have borrowed.

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