I have a square loan for $1015 every 2 months. I only made $598. What happens to the rest ?

I have a  square loan for a minimum of $1015 every 2 months. I only made $598 for the 2 months, but my balance says it's paid. Where did the remaining balance come from if it's not in my account ?

20 Views
Message 1 of 2
Report
1 REPLY 1
Square Champion

Hi there @CHEFALSSOULFOOD. Per the loan agreement you signed, you authorized Square to take the balance out of your linked bank account.  

Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)

Was my post helpful? Take a moment to mark it as a solution. Marked solutions help other sellers find possible resolutions to similar problems. Also, if you find your solution elsewhere (say, through Support), it is helpful to come back to your post and tell us about it, then mark that as a Solution. Solutions are what this Community is all about!
2 Views
Message 2 of 2
Report