Solved: loan

Baruch

I have a loan w/Square at 76% paid off, and I have a new loan offer. My question is, if I pay off all or part of the remainder from the previous loan, rather than rolling it all into the new loan, will it affect my loan offer?

TheRealChipA

Hi there @Baruch.. On the screen to pay additional towards you loan is this disclaimer:

Heads up: Making a prepayment will expire any existing offer. It can take up to 10 business days to be re-evaluated for a new offer.

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!

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TheRealChipA

Hi there @Baruch.. On the screen to pay additional towards you loan is this disclaimer:

Heads up: Making a prepayment will expire any existing offer. It can take up to 10 business days to be re-evaluated for a new offer.

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!

Baruch

Thank you!