Your available credit limit is determined by factors such as your affordability assessment, Fido Score, credit history, and repayment behaviour. As you build a positive repayment record with Fido, your credit limit may increase over time.
How Much Can I Borrow?
The amount you qualify for will vary based on your individual assessment.
First-time customers can access a credit limit of up to R500 . As you continue to borrow responsibly and repay on time, you may become eligible for higher credit limits.
Eligible customers can access a maximum credit of up to R8,000.
How Can I Increase My Credit Limit?
The best way to improve your chances of qualifying for higher credit amounts is to:
- Repay your credit on or before the due date
- Maintain a strong repayment history
- Continue using credit responsibly
Responsible borrowing helps demonstrate creditworthiness and may increase your access to larger credit offers over time.