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.
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
Christian Dawes
Great experience
Easy process to follow.
July 25, 2025
customer
the only issue i had was the app just…
the only issue i had was the app just kept saying something wrong on our end had to work via emails
July 25, 2025
Phillip
To be honest
To be honest This was one of the easiest applications I've have ever done for a loan. Quick clear and simple Why can't all leaders be like this.
July 25, 2025
Katrina Moden
Super efficient staff fast service…
Super efficient staff fast service simply to apply.quick decision really.impressed.
July 25, 2025
Wilna McComb
Great service and very friendly service.
Great service and very friendly service.
July 25, 2025
Simon
Excellent Service
Very straightforward & efficient application process.
July 25, 2025
Emma
So far so good
So far so good. Applied one evening and by 11am the next day the money was in my account.
July 24, 2025
Nathan
So quick and easy to do
So quick and easy to do, great intuitive site means you don’t get flustered.
July 23, 2025
Neil Davies
Straight forward
Quick, simple and straight forward.
July 23, 2025
Alex Johnson
Fast and friendly service
Fast and friendly service
July 23, 2025
Marie Driver
Quick and easy to apply
Quick and easy to apply, money was in my account super quick. The whole process was a really positive experience
July 23, 2025
Sorin
Could get a loan even when others would…
Could get a loan even when others would reject
July 22, 2025
ben weston
Really friendly and super helpful
Really friendly and super helpful, will definitely use again!
July 21, 2025
Dillian
The application was very easy to…
The application was very easy to process. I was given an answer the next day. That was a Friday afternoon and the money was in my account on Monday morning. All done with no hassle. I am able now t...
July 21, 2025
anon
Great !
Easy process, great offer! Thanks I have now paid off all my credit card which have higher interest rates.
July 21, 2025
Bisola Oyegoke
Happy I used them
Happy I used them. Got it sorted for me in no time and they credited me in less than 24 hours. I highly recommend
July 21, 2025
Angela DELANEY
Updraft made the plan application as…
Updraft made the plan application as easy as these things can be. Often loans are taken out under difficult circumstances so being put at ease will always alleviate additional stress. Thank you upd...
July 21, 2025
Rosana Delgado
They are very professional
They are very professional, kindly, very fast service
July 21, 2025
customer
I would recommend updraft
I have used updraft a couple of times now. Fast payout, the only negative is that you can’t contact by phone and sometimes you don’t get a response until the next day, depending on what time you me...
July 20, 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.
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.
Updraft Awards & Recognition
Recognised for helping UK borrowers take control of debt.
