Get an instant decision on loans between £1,000-£3,000.
We consider customers with bad credit.
Representative 79.9%APR
Representative Example: Given a Representative APR of 79.9%, if you borrow £1000 over 18 months at 59.9% p.a. (fixed), you would owe 18 equal repayments of £85.56. You will repay £1,540.08 in total.
Not all applications will be approved for credit. An offer of credit is subject to status and affordability checks.
Drafty Flex could help you
Relocate or move
Cover unexpected expenses
Make home improvements
Fix your car and other vehicle repairs
Why choose Drafty Loan?
At Drafty, we understand that bad credit can happen to anyone. That’s why we consider people with less-than-perfect credit for a loan.
Fast
Cash sent to your bank in under 90 seconds, if approved. It may take longer to reach your account depending on your bank’s processes.
Varied repayment periods
Repay in 12, 18 or 24 months.
Convenient
Secure online application available 24/7. An instant decision.
How Drafty Loan works
At Drafty, we understand that bad credit can happen to anyone. That’s why we consider people with less-than-perfect credit for a loan.
Apply for a loan
Choose how much you want to borrow and fill in your personal, employment and banking details. It usually takes 15 minutes or so, but application times may vary.
Checks & approval
We’ll run credit and affordability checks and in most cases give you an instant decision.
Get your money
If approved, we will send the money to your bank in 90 seconds. It may take longer to reach your account depending on your bank’s processes.
Representative 79.9%APR
Frequently asked questions
Everything you need to know about Drafty Loans
Can I apply for a loan?
You can apply for a loan if you:
- Have a valid UK Debit card
- Have an active UK bank account
- Live in the UK
- Are over the age of 18
- In regular employment – full or part time
- Have a net monthly income (after tax) of at least £1000
We’ll then do some checks which include looking at your current finances, eligibility and credit history before we make any lending decisions. Affordability checks are also undertaken to work out how much we can lend to you.
How much can I borrow?
You can apply for a loan if you:
- Have a valid UK Debit card
- Have an active UK bank account
- Live in the UK
- Are over the age of 18
- In regular employment – full or part time
- Have a net monthly income (after tax) of at least £1000
We’ll then do some checks which include looking at your current finances, eligibility and credit history before we make any lending decisions. Affordability checks are also undertaken to work out how much we can lend to you.
Will my application be approved?
You can apply for a loan if you:
- Have a valid UK Debit card
- Have an active UK bank account
- Live in the UK
- Are over the age of 18
- In regular employment – full or part time
- Have a net monthly income (after tax) of at least £1000
We’ll then do some checks which include looking at your current finances, eligibility and credit history before we make any lending decisions. Affordability checks are also undertaken to work out how much we can lend to you.
Please think carefully about whether Drafty is the right solution for you. This is even more important if you're in financial difficulty. If we don't think you can afford to repay your credit, we won't be able to approve you. We'll look at your current finances and credit history before we decide whether to give you credit. Failure to repay could impact your credit file.