Please note the content on this site is for the Drafty Line of Credit product only. If you are looking for information about a Drafty Personal Loan, please visit our FAQs.

Making your Payment

How can I check if my payments are up to date?

Log into your online account on the website. Once you’re there, you can view the status of your most recent Drafty payment and your payment history. 

How can I pay?

  1. Log in to your account and click on “make payment” or “pay loan”. This will show the loan you have with us. 
  2. Choose how much you want to pay.  
  3. Go to “Select payment method” (Google Pay, Apple Pay or Existing or new Debit Card) and enter your payment details to finish your payment.
  4. Alternatively, you can make a bank transfer to our account. Here are our details: 
    • Bank Name: Barclays
    • Account Name: Drafty Loans
    • Account Number: 53309320
    • Sort Code: 201990

If you make a bank transfer to our account, please make sure you give us your Drafty account number (which you will be able to see on your online account) as a reference, so we can apply the payment to your account quickly.

Can I pay with Google Pay and Apple Pay?

Absolutely, you can, this option is available when using a debit card stored in your wallet. Google Pay and Apple Pay allows you to link your debit card to the app and make secure payments. To pay your loan, simply select the payment method Google Pay or Apple Pay within your Drafty Loan account. Payment made through this method will generally reflect within couple of minutes on your account.

How can I pay with different debit card 

  1. Log in to your account and look for the section called “Useful links”. 
  2. Click on the link that says, “Update my debit card”. 
  3. You have two options: 
    • You can change your default payment card by selecting a new one. 
    • If you want to make a payment with a different debit card just once, you can do that too. 
  4. Remember, it’s important not to send your debit card details by email. This can put you at risk of identity theft. 
  5. The bank card will need to be in the name of the account holder.

Can I pay early? 

You have the option to make repayments before they are due. When you sign into your account, you can check how much you still owe. You can then make this payment online. If you pay back the money earlier, you will end up paying less in total because there won’t be as much time for interest to build up. And the best part is, there are no fees for repaying early.   

What happens if I pay late?

If you’re late with your repayment, it’s important to get in touch with us. If it’s marked as a missed loan payment, we will apply a late payment fee of £12 to your account. We will never charge you more than £12 in late fees over the lifetime of your loan. It’s also worth noting that the interest will keep adding up for a longer time than you planned, which can make your loan cost more. Missed payments will also be recorded on your credit file. This might make it harder for you to get credit in the future. So, it’s best to reach out to us if you’re having trouble making your payment on time. 

Drafty is an FCA-authorised provider of a Revolving Line of Credit with a credit limit of up to £3000, available to borrow as and when you need it (subject to affordability checks). You only pay interest on what you draw/use.



Representative Example: Assumed credit limit: £1200. Representative 96.2% APR (variable). Annual interest rate 69.4% (variable).


There is no set minimum or maximum repayment term, so long as the minimum monthly repayment sum is met, however, you may repay back early without any fees and save on interest.