loan September 2025

I’ve had my square loan paid off for about a week and every time it updates I’m in the green for everything. I always pay my loans off within 4-6 months. This is my 3rd loan paid off and was expecting a new loan offer by now. I usually get it at 75% but never got one. What is the new loan evaluation process? It seems to not be how it used to be. Really need one this week to help kick off my new project smoothly.

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Square Champion

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I gotcha!  So if the final payment was a manual pay off, then I believe it can take up to 10 business days for the algorithm to kick back in.  

Dan
CoatingWorx
Square Super Seller
Check out Square support center for additional help.




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Square Champion

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Glad to see that you got one.  Yeah those manual payoffs at the last bit can cause a hiccup with the algorithm. But none the less, congratulations and thank you for reporting back!

Dan
CoatingWorx
Square Super Seller
Check out Square support center for additional help.




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Community Team

Hi @Prnutrition 

 

Thanks for taking the time to reach out to us

 

We understand that not being immediately eligible can be frustrating, Keep in mind new offers are not automatically extended when a certain percentage of an existing loan is repaid. While you are not currently eligible for an offer, your account is automatically reviewed daily to determine eligibility.

 

Feel free to reach out to us directly if you have any additional questions!

Abby_M
Square Loans Team
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This is a service email from Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. All loans are issued by Square Financial Services, Inc, a Utah-Chartered Industrial Bank, Members FDIC.
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This is true. I’ve been had mine paid off almost 2 weeks and been in green also everything still in green and haven’t received an offer. It’s a waiting game. The more you depend on it the more you have bad thoughts on it. I try to continue without thinking about it. I had got to comfortable receiving there loans as expected. The change up threw me off

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Square Champion

Hello, I do remember you. I knew you were disappointed with the first couple of offers, but do you see now what kicked it in? The jump in sales. The algorithm is collecting data, and the way you are processing. Swiping daily is up, and the volume of swipes is up, which are all indicators of a healthy (busy) business. If you are paying off multiple loans that are meant for 18-plus months in 3 months, it’s going to adjust your offer to match your processing. I have seen that 55% posted and a new offer. You keep growing (sales), so offers follow that. My last two have been in the 60s, but I'm up now 42% higher than the previous year, and every month. My offers are really increasing now. I just don't accept every offer, especially during our busy time. I am so glad you posted, and keep knocking it out!

> Square Champions Innovator, Beta Community Member, Square Champion Expert, Square Champion Advisor.
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