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Can I reapply after a failed affordability assessment?

Yes. If your affordability assessment is unsuccessful, you may be able to apply again in the future.

How can I improve my chances?

Before reapplying, consider:

  • Uploading clear and complete bank statements
  • Ensuring your information is accurate and up to date
  • Building a stronger repayment history if you've borrowed from Fido before
  • Improving your overall financial position

Improving Your Fido Score

Your Fido Score is influenced by your affordability assessment and repayment behaviour.

The best ways to improve your score are:

  • Uploading clear bank statements covering the last three months
  • Repaying your credit on time

As your financial profile improves, you may become eligible for higher credit levels and larger credit amounts.

It is essential to note that all future applications are subject to a new affordability assessment and approval is not guaranteed.

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