At Fido, we believe in second chances and want to make it easy for you to clear your outstanding balance and rebuild your credit standing. If you have a default credit, the amount you owe is now clearly displayed in your Fido app. You can repay directly through the app in just a few steps.
Step-by-Step: How to Repay Your Default Credit
- Get ready to make your repayment
- Ensure you are on the latest version of the Fido app.
- Log in to the Fido app (using your Login credentials)
- Select the "Repay Now" button.
- Check your outstanding balance
- Your total outstanding amount will be displayed to you. Review the details carefully before continuing the process
- Make your repayment
- You can easily repay part or the full outstanding balance directly on the app
- Receive confirmation
- Once your payment is received and processed, you’ll receive an SMS confirming your payment was successful
Why You Should Repay Your Default Credit
Paying off your outstanding balance helps you:
- Improve your credit standing with Fido and other lenders.
- Rebuild trust and become eligible for future Fido credit.
- Take control of your financial journey and strengthen your credit history.
