Updraft helps people pay off credit card debt. If you are juggling two or three cards, maybe an overdraft too, and you only ever see the total when a statement lands, Updraft gives you the full picture in one place, then one fixed-rate loan to clear it.
The free Updraft app brings every connected card, loan and overdraft together on one screen. No more adding it up across three statements at midnight. Connect your accounts, and every balance appears in one place.
Seeing the balance is only half of it. Updraft shows the interest you are paying on each card, and how long minimum payments would really take. For many people that is the moment the plan changes: you cannot pay something off faster until you can see what it is doing to you each month.
One loan, one payment. Updraft replaces the cards and overdraft with a single fixed-rate loan, a single fixed monthly repayment, and a date you can point at on the calendar. Loans run from £1,000 to £25,000 over one to five years. The rate is fixed for the whole term, there are no early repayment charges, and an arrangement fee is included in the total amount repayable, shown plainly in the representative example.
Our current representative example: 25.9% APR Representative, based on a £10,000 loan over 60 months at 20.40% fixed interest p.a. Monthly repayment £283.20, total repayable £16,992 (including a £600 fee). Rates are personal, from 15.3% to 41.2% APR, and the live figures on our how it works page are the ones that count.
This is the part that makes Updraft different. On approval, the money goes directly to your card providers, so the balances are cleared rather than moved. That is not a balance transfer. A 0% transfer shifts the debt to another card and the interest comes back when the promotional period ends. An Updraft loan is built to repay the debt.
Updraft does not judge you on your credit score alone. Affordability is assessed on your actual income and spending alongside your credit file, so a fair record and a steady wage are what matter. You can check your eligibility with a soft search first, which shows your rate before any full application, with no impact on your score. Acceptance is never assumed, but the answer is based on your real situation.
Updraft is for working people across the UK who want to tidy up their credit, not for anyone in financial difficulty. You may recognise yourself here:
If you are struggling rather than tidy-ing up, free help from StepChange, National Debtline, Citizens Advice or MoneyHelper is the right place to start.
The app keeps earning its keep after the loan. Use the pay off calculator to model a plan, track bills, set spending alerts, and watch your free credit score. Our MoneyTalk hub covers the questions people actually ask, like whether a loan beats a balance transfer and which card to pay first.
Updraft is a UK lender, authorised and regulated by the Financial Conduct Authority (firm reference number 810923), operating as Fairscore Ltd. Over one million members have used Updraft, and more than £750 million of credit card and overdraft debt has been paid off. Customers rate Updraft 4.7 to 4.8 on Trustpilot, and you can read the reviews yourself.
"Easy application, quick decision, easy transaction." That is the shape of most of our recent reviews: a simple process, clear information, and money that lands with the card providers in good time. Human customer support is there whenever you would rather talk to a person.
The first step costs nothing and touches nothing. Check your eligibility to see your rate and repayment before you apply, then decide. See what you owe, see what it is costing you, and pay it off faster. That is the whole idea.