At Fido, we believe in empowering you with financial opportunities. Making your credit repayments on time is key to maintaining a strong Fido score and securing future access to Fido products. If you experience any challenges with repayment, we encourage you to reach out to Fido Customer Support for assistance.
Impact on Future Credit Eligibility
Late or missed payments may negatively impact your ability to access credit from Fido in the future. A strong repayment history ensures continued eligibility for Fido products, including higher credit limits and more flexible terms.
Legal Consequences of Late Repayment
If an outstanding balance remains unpaid for an extended period, Fido may engage legal representatives to recover the amount owed. This could result in additional fees and impact your credit status. In compliance with applicable laws and regulations, Fido may also notify relevant authorities and agencies.
How to Avoid Late Payments
To help you stay on track with your repayments, consider the following:
- Set up payment reminders on your phone.
- Contact Fido Support early if you anticipate any difficulties in making a repayment.
Stay on Track & Unlock More Benefits
Timely repayments not only improve your Fido score but also unlock access to higher credit limits and more flexible repayment options. Stay consistent with your payments and enjoy the full benefits of Fido’s financial services.
Watch our video to learn more.