Say hello to Updraft Credit

A personal loan to pay off credit cards, overdrafts and everything in between.
Our aim is to lower the cost of your existing credit and help you get it paid off faster.

Authorised and regulated by the FCA

Representative 24.6% APR

Select a loan term that suits you

Pay off credit cards directly

No early settlement fees

Check eligibility in minutes

No impact on your credit score

1 simple monthly payment

By consolidating existing borrowing, you may extend the term of your debt and increase the total amount you repay. Failure to make payments on time means you will pay additional interest and may make obtaining credit in the future more expensive and difficult.

Here’s what you’ll need to apply

Minimum Age Required

You’ll need to be at least 18 years old with a history of using credit.

Minimum Income

You’ll need to receive an annual income of at least £10,000 from employment or a pension.

Have a Supported UK Bank

Your bank must be registered within the UK. Click here for a list of the accepted banks.

Have an iOS or Android device

Should you accept a loan offer, you will need a supported mobile device to download our app and manage your loan. Your mobile device must be running iOS 16 or later, or Android version 7.0 or later.

By proceeding with checking eligibility, you are agreeing to receive documentation (including any loan documentation) digitally through the Updraft app and to your email address.

You also acknowledge, should you accept a loan offer, you will only be able to manage this via the Updraft app.

Representative Example

24.6% APR Representative based on a £10,000 loan over 60 months at 19.9% fixed interest p.a. Monthly repayment: £277.60. Total repayable: £16,656 (inc. £500 fee). Subject to status and affordability. Consolidating debt may increase the term and total amount repaid.

All figures are representative and based upon an assessment of credit and affordability. Terms and conditions apply.