Making timely repayments on your personal credit is crucial for maintaining a healthy Fido Score and ensuring future access to Fido products. It is important to note that late repayments may incur additional penalties as per Fido’s terms and conditions. The longer a balance remains unpaid, the more interest may accrue on the outstanding amount.
In the event of outstanding credit balance, we reserve the right to take appropriate legal actions to recover the amount owed. Furthermore, applicable laws and regulations require that we report delinquent borrowers to relevant agencies and authorities.
If you’re experiencing difficulty making a payment, we strongly encourage you to reach out to Fido Customer Support as soon as possible. We’re here to guide you and help you understand your options. Taking early action can make a big difference.