Drafty loan is a fast money lender providing cash loans in United Kingdom (UK) as a line of credit. Drafty is related to Gain Credit LLC.
The lender is not a payday loan provider,works differently by providing a form of overdrafts without a bank account connected.
Drafty loans - Interest Rates, Loan Limits
The loan amount given is up to a maximum of £3,000 and is disbursed to the borrower's bank account within 90 seconds.
Drafty interest rate is APR 89.7% per year.
How does drafty loans work?
The lender works by providing quick loans in form of overdrafts to borrowers but not attached to any bank account.
Many think draft loan is a commercial bank which is not true.
Drafty loans don't attract any fees, like payday loans and credit cards ( plastic cards).
Drafty loan app download
There's no way you can download Drafty loan app because the app is not available at the moment.
Pay Drafty loans
Loan payment duration is not fixed but depends on the amount of credit taken.
The minimum repayment duration is 61 days and there's no maximum repayment duration.
Early loan payment is highly encouraged to avoid fees and enjoy low interest rates.
Is Drafty loans legit?
Yes, draft loan is legit. The lender is a trading name of Gain Credit LLC. In addition Drafty loans is regulated by FCA and has a physical office location.
On Trust Pilot, Drafty loans has 4.3 stars out of 5 stars rating which is good for consumers , rated by 9999 individuals.
Drafty Credit is provided to borrowers who intend to get the new experience of overdraft loans.
By applying for a Drafty loan, your credit score will not be affected,unless you actually accept the loan.
Drafty loans customer care contacts
Call; 02036958072
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