Has anyone received a loan offer in 2023?

[Blackbear579]

I'm at 71% and usually see a offer by now (between 65%-70&).

[#2]

I'm where you are at (minus the actual loan offer part.) Sale are up about 60% over a year ago and processing is up about 65%.  All the other things are in the green.

I think most people's frustrations are that it's just not transparent and there isn't a clear goal to strive for. It is also disheartening to just be told the same quotes over and over. It comes across as uncaring and impersonal. Which if that's the case is fine, that should be conveyed to clear up misconceptions and so people don't get their hopes up. It would also come across as more professional to state those things (economy and such) from Square itself. It would let people know where they stand and can make appropriate decisions. 

[Solstice]

Sitting on our 3rd loan after a break of a year with square… we got our third offer and it was our biggest offer yet at about 20k with 20% pay back rate. The two before we paid before the first 60 days re payment at 100% before receiving and offers…. We are currently sitting at 88% paid after 2 and a half months of receiving the loan… shocked that we haven’t had an offer yet as we are paying them off quickly and our numbers and metrics are up…. I don’t understand what has changed with square but it is a little concerning. Not sure if we will take another of offered. Might just be worth it to keep the 20% and the loan fee. 

[Paulynne]

I am at 72% paid. Sales have almost doubled since last year and an offer normally comes in at 70%. I really pray we don’t have to get to 80%. 

[GlitzyCow]

I’ve been paid off for four months on my 12th. All factors green. Last one was paid in entirety in about six weeks bc the offer was so low. On track to do over 500k this year. I keep swiping. Nothing. I give up. 

[Pecard81]

That’s great, I hope you all get an offer if that’s what you all would like.    Keep us posted.  

[Blandkite]

I have paid off 3 loans with my last loan being paid off this past September, I’m in the green but still no offer, i’m getting frustrated! 

[Solstice]

96% paid off and nothing still

[Pecard81]

Let’s get some positive feedback out here.  Any new loan offers? Iam at 88% and looking for some positive vibes!! All green and except for loan repayment which is in progress because Iam not done paying yet.   

I now own less then the the loan fee.  I am about 4-5 weeks from paying it off 100% 🙏🙏

send me a offer square.  

[Canada2024]

I received my 4th loan @ 72% paid.  It was my largest loan received and 20% payback....Came on dashboard on a Monday evening around 6:00pm PST...

[Raymond21]

This post was edited by moderator to remove personal information

Do you need a loan contract on email (email address redacted)

[Simplicity1]

we were at 99% paid.... and everything is always paid early..... No offers.... I hesitated from paying off the last $175 but did it anyway just to be done.... Our Yearly sales are down ( about 15%)  from loosing a big customer but everything has been green for months and no offers......we have given up.... I am loyal to square because we have had 3/4 loans in the past and its helped us a ton.... but it doesnt seem that we will get a new offer anytime soon for one reason or another.....    the last loan was around 19k with the fees and it was paid off in nearly 6 months... 

[Solstice]

We are 99% paid off as of today… no offers… same generic response from square. Everything is in the green and numbers are up. 

[Pecard81]

Thank you for the update

[NRVGuru]

Now at 83% paid with increasing traffic. Fingers crossed for a renewal soon, especially now that we're within two weeks to Christmas... 

[Pecard81]

90% paid, getting closer to the end,  this is the first time I have ever come so close to paying it off. This is my 6th loan 

[PsyD]

It does seem like square has tightened their lending. They should just come out and say it 

[PsyD]

I got all excited after I just received an email. But it was the stupid “refer your friends” and get a free processing up-to 1k. No jelly of the month club for me. 

[PsyD]

my loans get paid off very quickly, I’m so frustrated seeing “not eligible”. I think they they have to rely on an algorithm to underwrite these loans because they can’t afford human underwriters-cost cutting. There should be an option to apply manually.

[Pecard81]

92% paid on 6th loan, Maybe I get lucky today? 🙏🙏

[Bdempfit]

I’m still paid off BUT the strangest thing to me is that all of my eligibility factors have been in the green ALL year and today it says my processing volume is low. And needs work. I’ve had slower months and it’s never said that 

[Blandkite]

Send me a loan offer square!! 🙏🏼🙏🏼🙏🏼

[Mkennedy25]

Hope square sends me an offer soon. Really need it 🙏🙏🙏