A loan to pay off credit cards
One Monthly Payment. No Settlement Fees.
Representative 26.5% APR
Break the credit card cycle.
Juggling different due dates and high interest rates can be stressful. An Updraft loan is designed to combine your card balances into one, simpler monthly payment.
With a single payment and a clear loan term, you could clear your debt sooner. And with no settlement fees, you have the flexibility to pay it off early if you choose.
When consolidating, you may extend the term of your debt and increase the total amount you repay. Failure to make payments on time could make obtaining credit in the future more expensive and difficult.
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.
Try our Pay Off Calculator & see what you could save
Credit Card Balance
Credit Card APR (%)
How much do you pay monthly?
26.5% APR representative based on a loan amount of £10,000 over 60 months at a fixed interest rate of 21.9% p.a. This would give a monthly repayment cost of £286.65 per month, with a total cost of credit of £7,198.74 (includes loan fee of £400) and a total amount repayable of £17,198.74.
From held back to lifted up
See how our users rise above debt & get better credit
Ashleigh Noakes
Fantastic Company
The application process is really simple and quick. Communication was great and I was kept updated throughout. The app is easy to use and including checking credit balance. The rates are great and...
July 19, 2025
Max P
So easy application and approved with…
So easy application and approved with no stress, costumer service is brilliant, recommended.
July 18, 2025
Jane Densham
Brilliant!
First time I have come across an efficient and helpful loan company. There was no fuss, the paperwork came through, and insisted that you read it, very fast and signing up was easy too. Just really...
July 18, 2025
Alex
Fast,easy to deal with.repayments…
Fast,easy to deal with.repayments clearly get told how much and when.very good service,would definitely recommend and use again if I need to
July 18, 2025
Wayne Steele
Great communication and ease of process
Great communication and ease of process
July 18, 2025
Emma
Really helpful and great experience
Great experience with this company. Easy to speak with the team, get all the information you need on the rates/how long to pay off the loan and pay off early and how it will help improve your credi...
July 17, 2025
Ro MATAITINI
Updraft service and experience is excellent.
Experience with Updraft has been brilliant! The application process was smooth, transparent, and incredibly fast. Customer service and online process is responsive and super helpful. Good support e...
July 17, 2025
Tracey Grzesica
Very professional service and friendly…
Very professional service and friendly staff
July 16, 2025
Mrs Wood
Loan
Updraft is easy to use online decision about the loan didnt take long they are quick to get back to you
July 15, 2025
Giuseppe Marguccio
Fastest than you think
Very easy and straightforward process as fast as a blink of eye
July 15, 2025
Bolts
Thank you for helping me get all the…
Thank you for helping me get all the debt into one manageable monthly payment , super quick service and can not recommend enough !
July 14, 2025
Farhaan Mohideen
Thank you for a the no fuss approach
Thank you for a the no fuss approach So quick to make the decision and offer the loan. I chose this to just pay off my credit card and there are no over payment charges- just fantastic
July 14, 2025
Joanne Budd
Process of applying is easy to follow
Process of applying is easy to follow. Clear information and relatively quick.
July 12, 2025
Claire
Very good
Great, super fast service - thanks
July 11, 2025
Amanda Long
Easy and stress-free experience
Updraft made the experience so easy and stress free. Everything was explained clearly and the results were quick. The app is also a great addition and I love the fact you can keep track of the loa...
July 11, 2025
Louisa
Easy application …
Very easy to apply with step by step information.
July 11, 2025
Tracey Grzesica
staff very helpful and professional.
staff very helpful and professional.
July 10, 2025
Robert
Was a very easy service to use and kept…
Was a very easy service to use and kept you updated regularly
July 9, 2025
Blake
Great people
Great people
July 9, 2025
Marie Shaw
Excellent experience
Great response times easy to apply
July 9, 2025
Rated 4.8 stars
Here’s what you’ll need to apply
You’ll need to be aged between 18 & 72 years old with a history of using credit.
You’ll need to receive an annual income of at least £10,000 from employment or a pension.
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.
About Updraft
Helping you get credit and build financial freedom.
At Updraft, we believe managing your money – and clearing debt – should feel safe, transparent and positive. We’re committed to doing things differently in this space.
Here’s what you can expect from us:
Award-winning: A trusted credit and bill consolidation lender.
Simple: Apply online in minutes — no paperwork, no hassle.
Empowering: Track your credit score and debt repayments in one app.
Popular: Almost 1 million installs across App Store & Google Play.
Trusted: Thousands of UK customers rate us Excellent on Trustpilot.
Supportive: Built to help you clear debt and take control of your finances.
Frequently Asked Questions
Checking your eligibility won’t affect your credit score, so it’s risk-free to see if Updraft is right for you.
Is Updraft regulated?
Yes - Updraft is a trading name of Fairscore Ltd. We’re authorised and regulated by the Financial Conduct Authority.
Will checking my rate affect my credit score?
No – checking your rate is quick and won’t affect your credit score.
We’ll only carry out a soft search to show you your personalised rate. If you decide to go ahead and apply, we’ll then run a hard credit check, which will leave a mark on your credit file and may impact your credit score.
How much can I borrow?
Loan amounts depend on your credit and affordability, but we typically lend between £1,500 and £20,000.
What’s the interest rate?
Your rate will depend on your personal circumstances, and you’ll see your exact offer before deciding to go ahead. Our representative APR is 26.5%.
Can I repay my loan early?
Yes - you can repay your loan early at any time, and we won’t charge any fees for doing so.
Will consolidating my debts affect my credit score?
It can – but it depends. Consolidating your debts with a single, affordable loan can help improve your credit score over time, especially if you make repayments on time.
However, consolidation doesn’t guarantee that we’ll be able to cover all your existing debts, and like with any credit, missing payments can harm your credit score.
What happens if my circumstances change?
We know life doesn’t always go to plan. If things change and you’re struggling to make payments, get in touch with our support team. We’ll work with you to find a solution that helps.
Updraft Awards & Recognition
Recognised for helping UK borrowers take control of debt.
