We check your credit file when you apply, but it’s only one part of our decision. Too many applications with different lenders in a short time may lower your score. We also update your repayments with Credit Reference Agencies each month. You can view your report free at sites like CreditKarma or ClearScore. Trans Union is one of the credit reference agencies used by us.
You can find more about them and other Credit Reference Agencies here: Credit Score Frequently Asked Questions | TransUnion UK
We store some details to manage your account and share monthly updates with Credit Reference Agencies. You can ask for a copy of the data we hold about you at anytime through our contact us page. Once our relationship ends, we only keep your information for as long as needed, then securely delete it.
Details about how we use your data can be found in our Privacy Policy which can be found here.
We’ll never ask upfront for application or processing fees. If you get a suspicious call, hang up and call us on 0203 695 8072#. Never share your details — instead, report it to Action Fraud on 0300 123 2040, or through their online form http://www.actionfraud.police.uk/report_fraud.
It’s easy to update your information. Just go to your online account and go to “My Profile” where you can make changes. You can also call us on 0203 695 8072# or chat to us when you’re logged in.
Please think carefully about whether Drafty is the right solution for you. This is even more important if you're in financial difficulty. If we don't think you can afford to repay your credit, we won't be able to approve you. We'll look at your current finances and credit history before we decide whether to give you credit. Failure to repay could impact your credit file.