Yes. Late repayments can negatively affect your Fido Score.
How Do Late Payments Impact Your Score?
Making your repayments on time helps build a strong Fido Score. If repayments are missed or made after the due date, your Fido Score may be affected, which could impact your eligibility for future credit offers.
This can affect:
- Your Fido Score
- Future credit eligibility
- Credit amounts available to you
- Repayment terms you may qualify for
To maintain a healthy score, we encourage customers to make repayments on time whenever possible.