When will my acount activity be updated after being declined for a square loan
Hi @Lianna1978 ,
Did you apply for a loan and were declined, or are you just currently ineligible.
The eligibilty criteria appears to be algorithmic, from what I gather it's based on a look-back period.
If you click through on the section that shows your're currently ineligible, it generally gives you a list of critiera, and what 'needs work'. If you are consistently trading then Ive found another offer will generally present it's self sooner rather than later.
Square currently doesnt disclose the exact methodology to the loan eligibility.
Regards,
Bruce
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