118 118 Money offer loans that you repay over 12, 18 and 24 months. You can apply to borrow up to £5,000 with them, and they say they’ll get you a decision within an hour (most of the time). If you’re approved, they’ll send you the cash
within 24 hours.
You probably recognise the name ‘118 118’ from their directory enquiries business, which is their sister company. If you go onto their website, you can search for local businesses or train times.
We think we can offer you something you’ll like more. Unless you’re looking for the train times thing. We can’t really help with that. But if you’re looking for a 118 118 loan, you might prefer what Drafty can offer you.
Over at Drafty we think you’d prefer something a bit more flexible than repaying every month for up to two years. So if you apply for a Drafty credit line, you can draw as much as you want within your credit limit, and pay it back when you want. You only pay for what you use, and there are no fees. Ever.
And if you do want to borrow more at any point? Just draw more on your credit line. After you apply the first time, you won’t need to go through any other credit checks to draw further money within your limit. If you borrow with 118 118 Money and want to add more to your loan, you’ll need to go through another credit check.
Also, we’re pretty fast. In most cases, we’ll get you a decision in minutes*. And we’ll usually start the funds transfer process within minutes*.
We’ll make an instant decision if
Drafty gives you a pot of cash, up to £3000, that you can dip into whenever you need. If you don't use it, you don't pay a penny.
Repay the minimum due every month. We appreciate on-time payments and report positive behaviour to bureaus! Plus, there's no charge for paying back early if you want to cut down on interest fees.
Draw up to your limit, anytime. We’ll get the money transfer to your bank account started within minutes*.