Your Fido Score is assigned once you register your Fido account and successfully complete the KYC (Know Your Customer) verification process. Once your KYC is completed, you can go ahead and start your credit application.
How to improve your Fido Score
Your initial Fido Score is just the starting point. You can improve your score and unlock higher credit limits and better interest rates by completing key actions. Simply tap the "Let’s Go" button, then complete the required actions for improving your score.
Steps to improve and maintain a strong Fido Score:
- Make Payments on Time: Your repayment history is one of the most important factors influencing your Fido Score. Making your payments on time, every time, shows responsible financial behavior and positively impacts your score.
- Maintain a Long and Active Fido Account: Keeping your account active and in good standing helps build a strong credit history, which contributes to an improved Fido Score.
- Verify and Update Your Information: Ensure all your details are accurate and up to date. Providing additional financial and personal information, such as verifying your email address, can help increase your score.
By following these steps, you can improve your Fido Score and enjoy better financial opportunities with Fido. Start improving your score today and unlock greater benefits.
