Uncle Bucks multiple searches and reports

mikeb222

Hi Guys,

For a number of years I was pretty desperate and went down the Uncle Bucks route.

I initially had a loan of about 350 in 2012 then kept rolling it over until they said I couldn't do that anymore, but instead had to pay off whole loan, then have a new loan within days.

I recently checked my credit file and noticed multiple searches and loan information on my multiple closed accounts.
This loan information stays on your file for 6 years.

For anyone thinking of using Uncle Bucks, please don't. Even if you manage to pay off the debt, you will no doubt go back to them sometime and all these loans will show on your credit file.

I used them because they said "no credit searches" at the time, but now I can't prove that as they say that's not what they advertised (I know it was)

I managed to escape their trap last year but it was hard, so please try other routes before using them (credit unions etc)