Fido is designed for South Africans who need a simple, convenient way to access credit directly from their smartphones.
You May Qualify If You:
- Are 18 years or older
- Have a valid South African ID
- Have an active South African bank account in your name
- Can provide your last 3 months' bank statements
- Meet Fido's affordability and eligibility requirements
No Branch Visits Required
Everything can be completed through the Fido App, including:
- Registration
- Identity verification
- Affordability assessment
- Credit application
- Repayments
Whether You're Employed or Self-Employed
Fido considers different types of income during the affordability assessment, including:
- Salaried income
- Business income
- EFT payments
- Other income reflected in your bank statements
Building your credit journey with Fido
First-time customers typically start with a smaller credit offer from R500. By maintaining a good repayment history and demonstrating affordability over time, you may qualify for higher credit amounts of up to R8,000 and longer repayment terms in the future.
Fido is committed to responsible lending and helping customers access credit that fits their financial situation.
