We’ve made everything better again; a faster way to check eligibility for Updraft Credit, easier to get your free credit score and report, plus improved home and transaction views
Pay off your credit cards and overdrafts to achieve your life goals faster.
We’re already compatible with most major UK Banks and lenders.
These major publishers have recommended us: Forbes, The Times, Daily Mirror, Yahoo Finance! and The Guardian.
Updraft was selected as one of 15 finalists backed by the OpenUp 2020 campaign run by Open Banking Ltd and Nesta to recognise the most innovative fintechs building open banking led solutions.
Here’s a few of our most important features:
Updraft Credit
Too many people pay an unnecessarily high interest rate on their overdrafts, credit cards, and personal loans. That's why we created Updraft Credit. We want to give the power back to you by refinancing these borrowings at a lower interest rate, whenever it is most advantageous.
Check eligibility for Updraft Credit, use it to pay off borrowings such as credit cards, loans and overdrafts.
Check your eligibility with no impact on your credit score.
Save £s and pay off your loans, credit cards and overdraft faster than ever.
Make over payments anytime you like with zero fees or penalties.
Subject to approval - Representative 17.9% APR
Track Your Spending
Connect your bank and credit card accounts to give yourself a 360 degree view of your bills and spending. Check all of your transactions and bills in one simple to use space.
Free Credit Report
Monitor your financial profile with your free credit score and report. Track all of your credit accounts, searches and credit history whilst receiving tips and recommendations to improve your credit score.
Money Talks
Instantly chat with our UK based money team; they’re on hand to answer all of your finance questions and anything else you need whilst using Updraft.
Safe and Secure
We've built Updraft with your privacy and security in mind, we never share your data with any other parties without your explicit consent.
FCA Regulated
We're authorised and regulated by the Financial Conduct Authority as Fairscore Ltd with reference numbers 810923 and 828910.
Minimum and maximum period for repayment - Minimum 3 months - Maximum 60 months
Maximum Annual Percentage Rate (APR) - 29.9%
Representative APR - 17.9%
To borrow £3,000 over 36 months with a representative APR of 17.9% (fixed) will cost £108.13 per month, with a total cost of credit of £892.68 and a total amount payable of £3,892.68. All figures are representative and based upon an assessment of credit and affordability.
