The TikTok trend that could haunt your credit for at least six years
Bankruptcy TikToks are up 600% but could cost you a mortgage, viral ‘bankruptcy hack’ has a 6-year credit catch, expert warns Viral TikTok videos are calling bankruptcy a “hack” TikTok searches for “file for bankruptcy yourself” are up 600% Bankruptcy can block mortgage access for 6+ years Our founder explains how tools […]
1 in 11 Brits missed HMRC deadline in January with penalties up to £1.6k, don’t join them next week
Brits’ one-week warning to avoid paying £1.6k as 1 in 11 miss deadline Millions of self-employed Brits are expected to make their second HMRC “payment on account” by 31 July 2025. The number of missed deadlines has increased from 600,000 in 2022 to over 1 million this January. Missing the deadline triggers immediate […]
Expert warns of ‘hidden crisis’ as rising childcare costs push 1 in 6 parents to credit cards
1 in 6 parents are using credit cards to cover ESSENTIALS, before childcare costs Families are facing an average summer childcare cost of £1,076 per child, putting additional strain on household budgetsduring school holidays. One in six parents have used credit cards to pay for essential household bills in the last three months, highlighting […]
Piggy banks are back but Gen Z is calling them ‘smash jars’ in latest money saving hack
The nostalgic saving method is trending again on TikTok, rebranded for a new generation Gen Z is embracing ‘smash jars’, a modern twist on old-school piggy banks TikTok searches for “money box opening” are up 311% in the past week Updraft provides the pros and cons to the money saving technique, compared to […]
Brits warns to dodge the ‘temperature-premium effect’ during heatwave
Brits warned of ‘temperature-permium effect’ during heatwave. Expert warns of the real reason we spend more money when it’s hot. Spending is set to rise as the UK enters a 30°C heatwave. Data reveals the link between physical warmth and higher spending, known as the ‘temperature-premium effect’. Our Founder offers 5 simple strategies […]
How to Beat Credit Card Debt as Borrowing Hits Record Highs
Five ways to beat credit card debt as borrowing hits record high. Expert tips could save people with credit card debt thousands. Latest data shows the cost of borrowing on credit cards soars to new record In the UK, online consumer searches for “credit card debt” have risen by 12% Updraft Founder advises […]
Brits are searching for ‘Labubu’ 193 times per minute but at what cost?
The “blind box” toy trend is fuelling a surge in impulse spending across the UK. Driven by social media hype and scarcity marketing, the craze pressures consumers into making quick, emotionally-driven purchases, often turning to credit without weighing the long-term financial cost. Latest data reveals 193 searches per minute are made for “Labubu”, as UK […]
Our Summer Streak Continues: We’re Finalists at the Credit Awards
We have some positive news to share. Updraft has been named a finalist for Best Consumer Credit Product at the 2025 Credit Awards. This nomination is a welcome acknowledgment of our mission to provide a supportive and clear path for everyone working to clear debt and build financial freedom.
Updraft Named In Top 50 Of Business Leader’s Growth 500
Updraft has been named one of the UK’s top 100 fastest-growing companies. We believe this reflects our commitment to providing a clearer, more supportive way to manage credit. Read the story here.
A Defining Moment: Updraft Joins Tech Nation’s Future Fifty, Celebrating at Number 10
Updraft is honoured to be selected for Tech Nation’s Future Fifty 2025 cohort, recognising our role as one of the UK’s leading late-stage tech companies. This milestone celebrates our mission to reshape finance and empower people to move forward with their credit.