We charge zero fees. That means no late fees, no transaction fees, and no fees for paying your credit line off early. You are only charged interest on the amount of money you draw, at variable rates of 0.18%, 0.09% or 0.07% per day.

The exact cost of your line of credit will depend on how much cash you draw, and for how long.

Drafty is a credit line with a representative and maximum APR of 89.7%. Subject to our credit checks, you may be eligible for a lower APR of either 28.8% or 38.3%.

You may be able to lower the cost of your credit line by repaying it early or making extra repayments above the minimum repayment mentioned in your monthly statement and reducing interest charges. Don't forget - there's no penalty fee for repaying early.

For more information, check out our Pricing page.

You can also see a representative example below.