No. We might review your credit file every now and then, to make sure your credit limit is appropriate, but it won't affect your credit score when we do that.

Is drafty good for bad credit?

Do Drafty do bad credit loans? We don't offer loans but a credit line and we don't offer creditto people with very poor credit ratings – we're too responsible for that. ... If we think you can take on the credit line and use it responsibly, great! If we don't, then… we won't offer you cash we don't think you can repay.

Is drafty classed as a payday loan?

Payday loans are essentially short-term, high interest loans that you typically repay in a month. ... As a line of credit, Drafty requires that you apply only once and get access to a perpetual loan ranging from £200 to £3,000. Unlike traditional loan options, you do not get it as a lump sum and then pay it off gradually.