Has anyone received a loan offer in 2023?

I'm at 71% and usually see a offer by now (between 65%-70&).

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Re: Has anyone received a loan offer in 2023?

I'm where you are at (minus the actual loan offer part.) Sale are up about 60% over a year ago and processing is up about 65%.  All the other things are in the green.

 

I think most people's frustrations are that it's just not transparent and there isn't a clear goal to strive for. It is also disheartening to just be told the same quotes over and over. It comes across as uncaring and impersonal. Which if that's the case is fine, that should be conveyed to clear up misconceptions and so people don't get their hopes up. It would also come across as more professional to state those things (economy and such) from Square itself. It would let people know where they stand and can make appropriate decisions. 

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How were your loan amount’s so far?i believe you said yiur paying off your 4th 

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Yes my fourth this one was $28000

paid 66% in four months 

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Wow that’s great hear. Were your first 3 offers low as well or were they doubling up each time? 

 

 

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Yes

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Thats great, out of curiosity what’s your rate like on that 28k?

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19.25

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Received an offer yet?

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No😞

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Same here , at 77%. Usually by now i have an offer. Everyone i know in the percentage paid hasn’t recieved one yet 🤔 

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Nope 

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no at 81% paid with a 900K processing volume and a bogus ineligibility put there by square since they are the only ones declining me for funding! 

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same!

 

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Are your Loan Repayment factors also green?

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Did you receive an offer yet? 

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Not yet. sitting at 83%.

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I’m at 81%. I’ve never not been offered by now. I owe less than I did the at the last offer. 

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I'm at 82% 🤦‍♀️ have you gotten an offer yet?

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I'm right there with you. I'm at 80% and I usually get one around 75%. Hopefully, we get one soon! 

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I haven’t received an offer yet myself and my almost at 80% I’m in the need of the money for my businesses so hopefully I get something soon! This would be my 4th loan.

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Square Champion

They seem to be coming few and far between that for sure. I've been with square since 2014 I believe and never seen it this slow even during covid it seemed more people were getting approved.  I've done multiple loans usually 74-78% paid and nothing here either. It's billboard time for us! 

Tammi
Owner of The White Pallet Chair
Square Champion, Expert and Advisor
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Did you ever get an offer?

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