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What does 'available credit line' mean?

It means the funds available in your line of credit that you haven't used. For example, if you have a credit limit of £800 in your line of credit, and you've already drawn £200 to your bank account, you still have £600 available

Don't forget, you only pay interest on the money that you borrow, so you won't be charged for having money available that you haven't used.

When you first set up your account, we'll tell you what the limit is on your available credit line. Periodically, we'll review that limit to make sure it's appropriate and may increase it or decrease it. We'll give you 30 days' notice if we are planning to make any changes.

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Representative 89.7% APR

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Drafty is a credit line with a Representative 89.7% APR, and a maximum APR of 91.2%. If you draw £50 against your credit line at 89.7% APR, it would be paid off in 6 months for a total of £60. There are no additional fees. There is no minimum repayment period and no maximum repayment period as long as you continue to repay the minimum payment amount. We don't offer fixed loans under 60 days.
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Personal Line of Credit - Drafty - 4.8 stars out of 5 based on 3064 reviews  consolidated by Google from Trustpilot.com and Reviews.co.uk.
5 stars - " Very fast and easy to use."

*Subject to credit line approval, you will receive cash through our Express Cash Transfer option for free if supported by your bank. We can send the cash to your bank in under 90 seconds after final approval of your credit line, subject to an assessment of affordability and credit worthiness. The time that it takes for cash to appear in your account will depend on your bank's policies and procedures.

#Call charges apply. Standard charges from BT landlines, mobiles and other providers may vary.

Responsible Lending: Carefully consider whether a credit line is right for your individual financial situation. Borrowing of this type is an expensive form of credit that may be appropriate for short term financial needs but which is not appropriate for longer term borrowing or if you are in financial difficulty. All credit line applications are subject to status, terms and conditions and to satisfactory passage of checks on credit worthiness and affordability.

Drafty is a trading name of GAIN Credit LLC

Contact Address: Wisteria Grange Barn, Pikes End, Pinner, London, United Kingdom, HA5 2EX, E-mail: info@drafty.co.uk | Registered Address: 251 Little Falls Drive, Wilmington, DE 19808, USA.| Registered in the State of Delaware,USA | Registration Number: 4124111 | Authorised and Regulated by the Financial Conduct Authority. Registration Number 689378