If the assessment shows that the requested credit may not be affordable based on your current financial situation, your application may not be approved.
This does not necessarily mean you will never qualify. Your eligibility may change over time as your income, expenses, or financial circumstances change.
How can I Improve My Chances of Approval?
You can improve your future eligibility by:
- Uploading clear and complete bank statements when requested.
- Using the bank account where your income is regularly received.
- Maintaining a healthy repayment history on existing credit.
- Reducing outstanding debt where possible.
- Ensuring the information provided during your application is accurate.
Important to know
Your information is handled securely and used only for the purpose of assessing your credit application and meeting regulatory requirements. Fido follows applicable South African laws and industry standards designed to protect your personal information.