Updraft

Pay off your credit cards and overdrafts to achieve your life goals sooner.

We’re already suitable with most major UK Banks and lenders.

These major publishers have beneficial us: Forbes, The Times, Daily Mirror, Yahoo Finance! and The Guardian.

Updraft was chosen as certainly one of 15 finalists backed by the OpenUp 2020 campaign run by Open Banking Ltd and Nesta to recognise essentially the most innovative fintechs building open banking led options.

Here’s a few of our most essential features:

Updraft Credit

Too many people pay an unnecessarily excessive rate of interest on their overdrafts, credit cards, and personal loans. That's why we created Updraft Credit. We need to give the facility again to you by refinancing these borrowings at a decrease rate of interest, every time it is most advantageous.

Check eligibility for Updraft Credit, use it to repay borrowings similar to bank cards, loans and overdrafts.

Check your eligibility with no influence in your credit score.

Save £s and pay off your loans, bank cards and overdraft sooner than ever.

Make over payments anytime you want with zero charges or penalties.

Subject to approval - Representative 19.9% APR

Track Your Spending

Connect your financial institution and bank card accounts to offer yourself a 360 degree view of your bills and spending. Check all of your transactions and payments in a single simple to make use of area.

Free Credit Report

Monitor your financial profile along with your free credit rating and report. Track all your credit score accounts, searches and credit history whilst receiving suggestions and proposals to improve your credit score rating.

Money Talks

Instantly chat with our UK primarily based cash team; they’re readily available to answer all your finance questions and the rest you need while utilizing Updraft.

Safe and Secure

We've constructed Updraft together with your privateness and security in mind, we never share your data with any other parties with out your express 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 36 months

Maximum Annual Percentage Rate (APR) - 29.9%

Representative APR - 19.9%

A representative example of the entire value of the mortgage, together with all applicable fees: Representative 19.9% APR. Borrow £3,000 repayable over 36 months at an interest rate of 19.9% pa (fixed) with monthly repayments of £110.ninety two. A whole quantity payable of £4,012.forty three.