Hi there @countrygarde. This information should help you. Remember that after you cancel a loan, there is no reapplication process you can start. You must wait while the existing application cancels, and then there will be a wait before the loan algorithm decides to send you another offer. No one can control that — it is all automated.
Can I cancel a square loan after applyiing
You can cancel a Square loan application at any time during the review process. After approval, you can cancel within two business days of the loan origination date.
To cancel:
- Log in to Square Dashboard and go to Loans.
- Click the three dots on your plan details.
- Select "Cancel loan" and confirm.
For more details, refer to this article: Cancel your loan application.
Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)
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