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Flexible Line of Credit up to £3000

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Representative 96.2% APR (variable)

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

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.

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.


This loan may be suitable for you if:

  • You want a flexible line of credit where you can borrow as much, or as little, as you like – when you need it
  • You want an instant decision & the funds today
  • You want a loan that has no hidden fees or costs

This loan may not be suitable for you if:

  • You have a history of bad credit including recent defaults and CCJ’s.
  • You already have outstanding payday loans or short term loans.
  • You are already in financial difficulty and wouldn’t be able to repay the loan.

How it works...

Apply to Drafty using the form below. Applying won't affect your credit score^
We'll check your eligibility for a line of credit against the application criteria and if suitable, you’ll be sent to the Drafty website
If you are not eligible for a Drafty line of credit, we'll try our other lenders to see if we can get you a loan elsewhere
If another lender accepts your application you’ll be redirected to their website

^In order to assess your suitability for a loan, lenders may perform a soft credit check, this does not harm your credit score and is not visible to other lenders. If you accept a loan offer, you will be redirected to the lender and they may ask to perform a full credit check.

Start your application to Drafty below...



About Drafty

Drafty is an alterative to payday loans, overdrafts and credit cards and it’s suitable for people will all types of credit. If your application is approved you’ll be given a credit limit and you’ll be able to borrow any amount up to your credit limit.

Drafty is cheaper than many of the alternatives and offers credit limits up to £3000, so it could even be suitable for larger purchases (subject to status).

You can apply for a Drafty credit facility even if you have some history of bad credit, first time customers may be offered a lower amount than applied for.

Eligibility Criteria

You must be over 18 years of age.

You must be a UK resident with an active bank account and debit card.

You must earn at least £1,250 per month

All loans are subject to credit and affordability checks.


All UK residents over 18 can apply for a Drafty credit line, but you’ll need to meet their lending criteria.  Drafty will consider applications from people with some poor credit but if you havce particularly bad credit, it’s unlikely they’ll be able to lend to you.

Once your application has been submitted, a lending decision is usually given within 2 minutes and you will then have access to your credit.

The great thing about applying on allthelenders is that if Drafty cannot accept your application then we will search our comprehensive panel of lenders to see if any other lenders will accept you, saving you time and helping you to get the loan that you need.

Repaying a Drafty Credit Line

Drafty credit facilities are not like traditional loans, your repayments depend on how much you owe at any one time.

Every month you’ll need to make at least a minimum payment towards the interest and the amount you’ve borrowed, usually these payments will be taken every month automatically. You can also reduce the cost of your loan by making additional payments online via Your Account.

You must keep your account in good standing and this is achieved by making regular payments.

GAIN Credit Limited (t/a Drafty) is authorised & regulated by the Financial Conduct Authority.