No. Bank statements are a required part of the affordability assessment process in South Africa.
Before Fido can approve a credit application, we must assess your affordability in line with the National Credit Act.
Why Are They Required?
Your bank statements help us verify:
- Your income
- Your financial obligations
- Your ability to repay the credit
Without this information, we may be unable to complete the affordability assessment and your application may not proceed.
To avoid delays, make sure you provide clear bank statements covering the last three months.