It sounded like you were newer to loans. It's so hard to try and make a guess on it with the first few loans especially. Besides me telling you there are no guarantees of if or when the next offer might come. The difficult part is Square and the algorithm trying to figure out your processing pattern. With any new account, you have to start somewhere. The algorithm is a tremendous help for us to use but it's not a guarantee of an offer nor is it a bust if something needs work. Square takes into account your whole profile. Time with Square, previous loans are huge. All the good signs. Increase in sales, volume of swipes, and new customers. The algorithm is doing its job and crunching numbers and recording data. It does look at your account daily. If you can help it increase sales or boost the number of swipes maybe that might trigger it to take a 2nd look at your account. That's just a wild guess. Something has to! Good luck and Keep us posted ok.
Yes, I understood you. It transfers over the next day. Now, when you go to make your loan payment it takes 7-10 business days to process. Once it is cleared you are eligible to update and go back into the algorithm. If or when, with no guarantees, it's hard to say. The last time I paid off a loan in the upper 80s to low 90s, I was 14 days (federal holiday) fell in there to process the payment and clear through the system. Then it took 2 days to go back into the algorithm. Through this process, I was already paid off from sales. Before paying off your loan double-check to make sure you don't have any offers. If you do it will cancel it out during this process. Good luck with your journey!
Unfortunately, it takes 10 business days! I made the mistake of doing it once im the 90s and A week after completely paid off Ifinally entered back into the algorithm cycle. I was very lucky 4 days later an offer came in. That was the longest 14 days. Now, I only prepay back in the mid-60s and I pay a chunk that gets me around the upper 80s low 90s when 10 days of holding is up and a couple of days to catch up with the system. Hopefully, this one will be higher, not lower
I transferred from my Square savings to my bank account this morning, and it's always pending until the next morning. It might be a security feature or just processing time between accounts. When you initiated the transfer, you likely received a confirmation email. Have you paid off or reduced a loan yet? That can take 7-10 business days to clear, and then you go back into the algorithm. Just wanted to remind you that it’s a process. Good luck with your loan! We need some offers popping up! It's been too quiet in here.
Yes, I understood you. It transfers over the next day. Now, when you go to make your loan payment it takes 7-10 business days to process. Once it is cleared you are eligible to update and go back into the algorithm. If or when, with no guarantees, it's hard to say. The last time I paid off a loan in the upper 80s to low 90s, I was 14 days (federal holiday) fell in there to process the payment and clear through the system. Then it took 2 days to go back into the algorithm. Through this process, I was already paid off from sales. Before paying off your loan double-check to make sure you don't have any offers. If you do it will cancel it out during this process. Good luck with your journey!
You nailed it! Right now you would be -30% even 90% it's still 2x more than the previous add in your increased numbers even an offer 2x high is like 4. Just keep plugging along and keep the sales up, the volume of swipes the dollar amount of swipes, and finally new customers. Plus your history and no negatives. Let me know what happens!! Good luck another one to watch!
