Why is my loan payment still pending 5 days later?

[Kayleighlynn]

I made a large payment on my loan on Friday. It’s Wednesday why is my payment still pending? It’s alReady been taken out of my bank account 

[Sammie_C · Accepted solution]

Hi @Kayleighlynn!

Thank you for your post!

It can take up to 10 business days for payment confirmation and for your business to be re-evaluated for new loan offers.

For more information about your repayment options, visit our Square Loan Repayment FAQ.

Important: All payments will be considered final, and will not be reversed or refunded.

Let us know if you have any other questions!

[AllenK]

Same problem here.  The Square rep who replied obviously didn't understand your question.  It's been 6 days for me and it still shows pending.