Flexible loans from 15% APR to pay off card debt and consolidate balances.
Updraft helps people pay off credit card debt. If you have two or three cards and an overdraft, all on different rates, and you only ever pay the minimum, you already know the problem: the balances never quite come down. Updraft is a UK lender built to fix exactly that. It shows you every balance in one place, shows you what the interest is really costing you, and replaces the cards with one fixed-rate loan, one fixed monthly repayment, and a known end date.
Most people with credit card debt cannot say what they owe in total, because the answer is spread across several statements, several apps and several due dates. The free Updraft app, on iOS and Android, brings it all together. Connect your cards and accounts and you see every balance, the interest you are paying on each, and a payoff timeline that shows how long the current payments will actually take.
The app is free, and the loan is optional. Some people connect their cards, see the full picture for the first time, and use the pay off calculator to plan their own way out. That is a fine outcome too.
Card minimum payments are designed to keep you paying, not to clear the balance. An arranged overdraft can sit at close to 40% EAR, quietly, for years. Updraft shows the pounds per day that the balances are costing you, so the picture is concrete rather than abstract.
Then it does something about it. One fixed-rate loan replaces the cards: for the same monthly outgoing, more of your money goes to the balance and less to interest. The rate is fixed for the whole term, the repayment is fixed, and the end date is known from day one.
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 (inc. £600 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. From 15.3% to 41.2% APR, £1,000 to £25,000, over 2 to 5 years available.
This is the part that matters. Updraft is not a balance transfer. A 0% transfer moves the debt to another card, and the interest returns when the promotional period ends. An Updraft loan is built to repay the debt: on approval, the money can be paid directly to your card providers, so the balances are cleared rather than shuffled. Funds typically arrive within days, either at the card providers or in your bank account.
A high street bank will often judge you on the credit score alone. Updraft looks at your actual income and spending, through open banking data alongside your credit file, because that says far more about whether you can afford a fixed monthly repayment than a three-digit number does. Check your eligibility with a soft search first: you see your rate and decision before any full application, and the soft search does not affect your credit score. Acceptance is never guaranteed, and we do not pretend otherwise.
Updraft is for working people in the UK with regular income, a UK bank account, and card or overdraft balances they want to clear. That includes:
If you are in financial difficulty rather than just untidy, Updraft is not the right place. Free advice is available from StepChange, National Debtline, Citizens Advice or MoneyHelper, and we would rather you took it.
Updraft operates as Fairscore Ltd, authorised and regulated by the Financial Conduct Authority, firm reference number 810923. It has over one million members and more than £750 million of credit card and overdraft debt paid off. It was named Best Personal Finance App at the British Bank Awards 2026, voted for by the public, and won Best Marketing Campaign of the Year at the Credit Awards 2026.
Customers rate it highly too: 4.7 to 4.8 on Trustpilot, 4.88 from over 11,000 reviews on Smart Money People, and 4.5 on the App Store. Ratings move, so see the current figures on our Trustpilot page.
For a full walkthrough of the process, from connecting your cards to the money landing, read how to pay off credit card debt. For plain answers to the questions people actually ask, from "should I get a loan to pay off my credit cards?" to "balance transfer or loan?", browse Money Talk, Updraft's content hub.
You can also read independent Updraft insights before you decide anything. Then check your rate with a soft search, see what one fixed monthly repayment would look like, and compare it honestly against the minimums you are paying now. Consolidation makes sense only when the total cost is lower and the cards are actually cleared, and we would rather you did the maths than took our word for it.
That is the whole idea. See what you owe, see what it is costing you, pay it off faster. If the numbers work for you, check your eligibility today: the soft search is free, your score stays untouched, and the answer arrives before you commit to anything.
Updraft: credit that lifts you.