Mine tend to be more Saturday offers than any other day of the week. Our busiest days are Wednesday-Sat and I tend to get a late night Saturday offers than any other day.
There are many ways to get that. Most are Square doesn't charge a fee to our customers for using a card. But, some businesses can add a service fee say for special delivery, some fees are taxable and others aren't. If you didn't break any rules then there is no issues. It's difficult when you see people at 100% paid off and others at 57% with no reason why. Good luck to you!
deduction from the contract price payable by a customer in response to a service provider's failure to meet a service level in a service level agreement. This is the only one I could find the semi close to your question. There are literally page of examples of why or how you could have received this. Without getting a clear answer from customer service all I can do is give you examples of what if’s. If you are paying off loans in record time and you had a payment pending to post to your account but you were 100% paid off. That payment in lingo would be returned to you. Does it affect your loan or not? Affect it in the future no, but it also takes time to adjust your account to reflect this. This scenario is applies if that was the issue. It could be 20 plus different reasons why. Have you called, have you received any emails to follow up regarding this? If and only if this was a slower payment that hit and between that tone you paid off your off your loan per swipes and not a prepayment it is still going to take a little time for the algorithm is catch up and reflect this. Will it take the full 10 days to clear to get back into the algorithm system. I know it stinks waiting but unfortunately, those are the rules. Hopefully, it's sooner than later. When this happened to me. I paid off my loan at 75% during this time i was still processing payments were still adding up. I received it back and i did wait till it cleared 10 business days. Once I hit the algorithm the 2nd day i received an offer. Again, only if this is this is why. Myself i would call l customers service and ask them how or why it's there. @abbeyc can you she more light on this privately?
I’m sorry to hear about the 70% decrease. Additionally, there have been several overpayments, not just on your part but in general. This serves as a reminder for all of us, including myself, to closely monitor our loans, prepayments, and both checking and savings accounts.
I appreciate having my savings here, as it helps keep them out of sight and out of mind for me. However, I do check it regularly because it often updates with 4-5 deposits at once, not always on a nightly basis. I go through it every day to double-check everything. It’s always accurate to the penny, but the multiple updates spanning several days can be concerning if you’re not paying attention.
Thank you for sharing this post. I hope this situation doesn’t happen again, but perhaps it will provide a solution for someone else facing a similar issue.
Could I get a little more information that would help me get you to the right place? These last 2 weeks now loans are finally moving along with quite a few posting they finally received one. How long with Square, how are your numbers with swipes per day, and the volume of of swipes? New customers vs regular? Are sales increasing each quarter and not just maintaining? The metrics are great tools for us to use to seeel how we are doing vs previous months and years, but not a guarantee of a loan. They are looking for a good strong healthy business that is going to reinvest back into your business vs just maintaining or enough to keep the doors open. Green is good growth and those number doubling or more is huge. With no loan guaranteed if or when increasing a boost in the above-mentioned are huge. Also, negatives try hard to stay away from returns, refunds, and disputes. Loans are moving at a good pace right now. Above all Square takes into account your history, prior loans, and how long you've been with them. Let me know about the above so I can help you get to the right person. Hold tight and keep swiping those cards.
I know it says it usually takes 10 business days once you pay it off. It also took me another 2-3 business days to get back into the algorithm. Do you know or see if you’re updating daily? Once you sse that then you're back into it. I made the mistake of paying one off early in the 90% range an a holiday in there. It took 15 days total and two days later came in. Now, if I prepare my loan I do it at 60-low 70s. That way it puts me roughly low 90s and I can kick in sales and I don’t get caught up in the prepayment process. Good luck. They are still doing loans. It has been been moving pretty steady the last 2/3 week.
I agree it's rough but finally loans are moving. When I saw the offer I was like yessss! They have fought and fought to get this far. Many would have given up. Now, 4 successful loans. I do understand expecting more and getting less but it's a positive movement and that needs to continue.
