Anyone not accept a loan offer and it disappear and never get offered another?

kellis1105 — Sat, 20 Sep 2025 12:25:21 GMT

Last year I got my first loan. I paid it off in 4 months. Got offered another at about 80% but I did not take it because I thought I may get offered better terms if I waited till I paid my first one completely off. About 2 weeks later it disappeared and now that my loan is paid off it says I am not eligible. They did tell me to open a savings account though. I am just wondering if maybe I have to reach a minimum of sales again since it is a new year? Kind of bummed I didnt grab the one they offered. It has been about 2 weeks now.

Re: Anyone not accept a loan offer and it disappear and never get offered another?

Minion — Fri, 23 Feb 2024 13:09:11 GMT

Hey @kellis1105

So first off kudos for paying off your fist one, before grabbing another one. Many sellers seem to jump on the first offer that they see while still in repayment.

Sometimes when the offer disappears , that is completely normal. Have your transactions with square taken a slight dip by chance? What does your eligibility factors say in your account? While they are just a general guideline of Squares algorithm. they may be a good indication if it were processing volume, new customers etc.

I'm not sure if a savings account would help but i guess its a possibility. They also give you the ability connect your bank to improve potential offers , but I haven't seen any proof of that helping .

Best thing is the normal saying. Just keep processing sales with Square and I think you will see an offer before you know it!

thread Anyone not accept a loan offer and it disappear and never get offered another? in Banking With Square

Anyone not accept a loan offer and it disappear and never get offered another?

Re: Anyone not accept a loan offer and it disappear and never get offered another?