Welcome Screen
After selecting ‘Draw Now’, you will see a welcome screen that explains:
- The type of data Fido collects for the credit decision process and fraud prevention.
- The necessary permissions required for the app to function properly.
By selecting the ‘Allow’ button, you will be prompted to grant the Fido App access to specific Android permissions.
Draw from your credit limit
On the credit amount selection screen, you can choose your desired credit amount in two ways:
- By typing the desired *amount using the keypad on the screen.
- Or by choosing from the available suggestion cards that provide different terms to choose from.
Select the ‘Next’ to continue.
Credit summary page
On this page, you should review a basic summary of the terms of your credit line based on the amount you want to draw. All charges associated with your credit will be shown on the screen. You should review:
- Your credit repayment date - expected date to pay off your credit balance.
- Credit amount - how much money you are drawing.
- Commitment fee - upfront charge to be deducted from your credit amount before disbursing.
- Finance charge -the processing fee and the daily interest charged on the credit draw.
Select the ‘Next’ button below the screen to accept the credit summary.
Why do you want a credit?
On this page, you will be asked to select the reason for your credit draw.
You will see a list of available options. Please review them carefully and choose the one that best describes your reason for requesting the credit. This helps us better understand your needs and serve you more effectively.
NB: Images in this article are for illustration purposes only and may differ from actual terms in the Fido App.