Applying for Credit

At Fido, we believe getting credit should be fast, easy, and transparent, no long paperwork, no hidden fees, and no waiting around. Here’s why you should choose Fido for all your financial needs. FAST: Receive your money within minutes: No delays, no unnecessary steps. Apply and get your fund...

Applying for credit with Fido is simple and fully digital. To be considered for credit, you'll need to meet the eligibility requirements below and successfully complete our verification and affordability assessment process. Basic Eligibility To apply for credit with Fido, you must: Be at...

Applying for credit with Fido is simple, secure, and fully digital. Everything can be completed directly in the Fido App, from registration to receiving your funds. Step 1: Register Your Fido Account Getting started is easy: Download the Fido App from the Google Play Store or Apple App Store...

At Fido, we understand that timing is important. That’s why we’ve designed our process to be fast and convenient. Once you complete your credit application in the Fido App and submit all required information correctly, your application is typically reviewed within minutes. Make sure to follow ...

Your available credit limit is determined by factors such as your affordability assessment, Fido Score, credit history, and repayment behaviour. As you build a positive repayment record with Fido, your credit limit may increase over time. How Much Can I Borrow? The amount you qualify for will ...

At Fido, we believe in full transparency when it comes to fees and interest rates. Before applying for credit, you can review all applicable charges in the Fido App, helping you make an informed financial decision. How Interest Rates Work Fido's interest rate is determined based on the num...

Installment Credit makes repaying larger credit limits easier for Fido customers by allowing them to spread repayments over multiple months instead of making a single payment within one month. Depending on your Fido Score and eligibility, you may be offered the option to spread your repayments ...

Once you’ve fully repaid your outstanding balance, your next credit request will be reviewed instantly by Fido’s system. However, in some cases, based on our credit approval policy, you may need to wait until your scheduled due date before borrowing again. At Fido, all credit applications are a...

We understand that having a credit application declined can be disappointing. However, a declined application doesn't necessarily mean you won't qualify for credit in the future. Credit decisions are based on several factors, including your affordability assessment, Fido Score, and the ...

Congratulations on receiving your credit request. Confirm the details in the Fido App. Repay on or before your due date Paying on time helps you build a strong repayment history. Why paying on time matters When you repay your credit on time, you: Improve your Fido Score Increase your chan...