If your affordability assessment is unsuccessful, your credit application may not be approved at that time.
This doesn't necessarily mean you won't qualify in the future.
Why Might an Assessment Be Unsuccessful?
There are several reasons why an application may not meet affordability requirements, including:
- Insufficient verified income
- Existing financial commitments
- Incomplete information
- Bank statements that do not support the requested credit amount
What Can I Do Next?
You can improve your future eligibility by:
- Uploading clear and complete bank statements
- Maintaining healthy banking activity
- Repaying Fido credit on time
- Applying again when your financial circumstances improve
You'll also receive feedback in the Fido App to help you understand the outcome of your assessment.