A line of credit is when a lender makes an agreed amount of cash available to you whenever you want it. With Drafty, you only pay interest on the proportion of your total cash amount that you use, when you use it.

If you want to borrow any of the cash from your line of credit, and your account is in good standing, you just draw it by asking the lender to transfer it to your bank account. Drafty makes it super-easy and super-quick to draw, as you can just log into your account online or using our groovy little app, request the amount you want, and we’ll send the cash to your bank in under 90 seconds*.

You can get personal lines of credit or business lines of credit. Here at Drafty, we're a bit more jeans-and-t-shirts than we are suit-and-tie, so we offer personal lines of credit. Although if you want to wear a suit and tie, that's great too. We think you look sharp.

Every now and then, we'll check your account behaviour and affordability, just to make sure you've got the right amount available to you. If your credit limit changes, we'll let you know.

Oh, one more important thing. Drafty doesn't charge any fees. None. Zip. Nah-da. Not a bean. So that's one less thing to worry about.