Updraft, Credit that lifts you

One loan. One payment. An end date you can see.

• Updraft insights

If you're juggling two or three credit cards and an overdraft, you already know the problem: you never see the whole picture, the interest keeps ticking, and the minimum payments never quite get you anywhere. Updraft helps people pay off credit card debt. That's the whole point of the company.

Updraft shows you every balance in one free app, tells you what the interest is actually costing you each month, and then replaces the cards with one fixed-rate loan. One fixed monthly repayment. A rate that never changes. A date the debt ends.

Loans run from £1,000 to £25,000 over 1 to 5 years, with flexible loans from 15% APR.

Representative example: 25.9% APR Representative based on a £10,000 loan over 60 months at 20.40% fixed interest p.a. Monthly repayment: £283.20. Total repayable: £16,992 (inc. £600 fee). Subject to status and affordability. Consolidating debt may increase the term and total amount repaid. All figures are representative and based upon an assessment of credit and affordability. Terms and conditions apply.

See what you owe

The first step is the one most people skip. Cards live in different statements, different apps, different direct debits, and the total stays invisible. The Updraft app brings every connected card and account into one place, so you see each balance side by side instead of spread across the month.

Connect your cards and accounts, and the app shows every balance, the interest you're paying on each one, and a payoff timeline: the month and year everything reaches zero at your current rate of payment. You can disconnect any account at any time.

See what it is costing you

Minimum payments are designed to keep you paying. They're small enough to feel manageable and large enough to keep the balance alive for years. Updraft shows you how long your minimums will really take, and what the interest adds up to along the way.

It also shows the cost of an arranged overdraft sitting at close to 40% EAR, year after year. Once you can see the pounds, the decision gets much easier to make. Run the numbers yourself with the pay off calculator before you do anything else.

Pay it off faster

Here's where Updraft is different. A 0% balance transfer moves your debt onto another card, and when the promotional period ends, the interest comes back. An Updraft loan is built to repay the debt, not relocate it.

• One fixed-rate loan replaces your cards and overdraft
• One fixed monthly repayment, for the whole term
• A known end date, so the debt has a finish line
• The money goes directly to your card providers, so balances are cleared rather than shuffled
• An arrangement fee is included in the total amount repayable, shown in the representative example
• No early repayment charges if you want to pay it off sooner

For the same monthly outgoing, more of your money goes to the balance and less to interest.

Check your rate without harming your score

Worried that checking will hurt your credit score? It won't. Updraft starts with a soft search that shows your eligibility and your rate before you make a full application. A soft search has no impact on your score.

And Updraft doesn't judge you on the score alone. Affordability is assessed on your actual income and spending, through open banking data alongside your credit file. If your high street bank said no, Updraft reads the real numbers. You can check your eligibility in minutes, with nothing to lose.

Regulated, and at scale

Updraft is a UK lender, authorised and regulated by the Financial Conduct Authority (firm reference number 810923), operating as Fairscore Ltd. This is a regulated loan for people in work, not debt advice and not a debt management plan.

• Over one million members
• More than £750 million of credit card and overdraft debt paid off
• Named Best Personal Finance App at the British Bank Awards 2026, voted for by the public
• Backed by institutional lending partners including NatWest, Jefferies and Santander CIB
• Human customer support, with offices in London, Manchester and India

You can read what members say on Trustpilot, where ratings currently sit between 4.7 and 4.8.

Who Updraft is for

Updraft is built for working people across the UK who use credit to afford everyday life and want to tidy it up. If you recognise yourself below, you're in the right place.

• The card juggler, two or three cards with a couple of thousand on each, paying minimums and never seeing the total. Updraft puts it all in one place and gives it one payment.
• The everyday tapper, small purchases on the card that never get paid off, with the balance creeping up month by month. A fixed repayment plan stops the drift.
• The big-purchase spreader, a kitchen, new windows, a vet bill or a car repair sitting on the card at card rates. Move it to a fixed rate with a known end date.
• The seasonal resetter, January and September, the "I spent too much, what do I do now?" moments. Soft search, consolidate, pay it off faster.
• The overdraft dweller, living in an arranged overdraft for years. Combine it with your cards into one fixed loan that usually costs less.
• The turned-down borrower, declined by your bank. Updraft decides on real income and spending, with a soft search first. No guarantee of acceptance, but a fairer reading of your finances.

To be eligible, you need to be a UK resident with a regular income, a UK bank account, and card or overdraft balances to pay off.

What the app gives you, free

The Updraft app is free on iOS and Android, and it works whether or not you take a loan.

• Every connected balance in one place
• The interest you're paying, card by card
• A payoff timeline with a dated end point
• A free credit score and credit report
• A payoff calculator and debt consolidation calculator
• Bill tracking and spending alerts

Explore the app and see your full picture before you make any decision.

How it works, start to finish

1. Say which cards and overdrafts you want to pay off.
2. Updraft checks affordability using your income, spending and credit file, starting with a soft search.
3. See your eligibility decision and your rate.
4. On approval, the money goes directly to your card providers, or to your bank account, typically within days.
5. Make one fixed monthly repayment for the agreed term, and watch your progress in the app.

The full walkthrough is on the how to pay off credit card debt page.

Straight answers, not sales talk

Should you get a loan to pay off your credit cards? Only you can decide, and Updraft would rather you decide well. Compare the card interest you're paying now against a fixed-rate quote and the representative example. Consolidation makes sense only when the total cost is lower and the cards are actually cleared. If it isn't the right answer for you, the free app and calculators still are.

For straight-talking guides on cards, overdrafts, interest and payoff strategies, read the MoneyTalk hub on updraft.com. And if you're in financial difficulty rather than in need of tidying up, free advice is available from StepChange, National Debtline, Citizens Advice or MoneyHelper.

Start with a soft search

You don't need to commit to anything today. Check your rate with a soft search, see what one fixed monthly repayment would look like, and take it from there. No impact on your score, no pressure, and a real human at the end of it if you want to talk it through.

See what you owe. See what it is costing you. Pay it off faster. That's Updraft: credit that lifts you.