Square loan

[Bullet06]

I paid ninety percent of my loan back.It's been over ten days.I can't understand why I haven't got another loan offer

[Minion]

Hey @Bullet06 

I hope that it was a very low offer if i'm being honest, 10 days and 90 percent paid back already is crazy numbers your pumping out then.

However, no one here can tell you why you haven't received another offer or when/if you will get another one.  It's the hard truth unfortunately.  It's the same ole song and dance of just keep processing and if they seem your account to be worthy Square will extend you an offer.

Maybe once you completely pay it off , a new offer will be extended (once it is fully finalized)

Best of luck

[Abby_M]

Hi @Bullet06 

Appreciate you taking the time to post.

We constantly review accounts for new loan offers, even if you have an active loan. However, reaching a certain percentage repaid or paying off a loan doesn’t guarantee a loan offer.

Offers are based on many factors, including, but not limited to, your current payment processing volume, your customer mix, and your Square account history. Please be aware that aspects of your processing history, such as failed debits, chargeback history, and changes to your processing behavior may impact potential future offers.

We do not have a specific timeframe for when another loan offer may be available. However, we will continue to automatically review your account for eligibility. 

If you have any other questions, please feel free to contact us directly!