Pay off loans upto £20,000
One Monthly Payment. No Settlement Fees.
Representative 26.5% APR
Simplifying your loans
An Updraft loan simplifies your finances by combining your credit card balances. That means one regular monthly payment instead of the stress of juggling multiple due dates and high interest rates.
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
suzanne
Really easy to use
Really easy to use, money paid into my account within 24hrs.
August 1, 2025
Nathan
Very good and thorough application…
Very good and thorough application process I was rejected a while go before being accepted shows they take the responsibility as a responsible lender very seriously will help me lower my monthly ou...
August 1, 2025
Simone Williams
I was approved for a top up loan which…
I was approved for a top up loan which I was very surprised with, it was fast no judgement and easy process. Very impressed
August 1, 2025
Lee Hughes
Quick and efficient
Quick and efficient
August 1, 2025
miss sarah
Really easy to use
Really easy to use
August 1, 2025
Mark Harris
Very very simple process
Very very simple process, funds in my bank within a couple of days.
July 31, 2025
Clair
Fast service
Fast service, emailed for some extra information, was all really easy and done online and over emails making the process quick and easy! Easy DD monthly payments.
July 31, 2025
Craig Patterson
Great
Easy, simple to use and great help with fast response to any enquiry’s
July 31, 2025
Miss Mount
Very easy
Very easy , and quick response
July 31, 2025
Martin
Quick Easy Process
One of the best companies around to consolidate cards and loan in to one monthly payment, good APR & money within 24 hours, all cards & Loan now paid off with one affordable monthly payment, would ...
July 30, 2025
KDay
Easy and quick service
Easy and quick service. Fab app
July 30, 2025
Stephen Scanlan
Very easy application process and I…
Very easy application process and I received the money quickly.
July 30, 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.
