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I paid off my square loan early & manually and now I'm not eligible for the next offer. PLS HELP :(

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Square Community Moderator

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Hi @stamp06261!

 

Thank you for your post!

 

We can’t guarantee a loan offer even if the key factors displayed on the eligibility page show all “Good.”

 

There are many factors that affect loan eligibility, but the factors listed on the eligibility page are key factors we consider to help you understand our process. There’s no additional information we can share at this time, and we can’t go into further specifics about program requirements because the criteria we use is proprietary.

 

We will continue to review your account daily for loan eligibility. If you become eligible, you’ll be notified directly on your Square Dashboard and through email.

 

Let us know if you have any other questions!

Sammie_C
Community Moderator, US, Square
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And it's been months since I paid off the last loan and no new offer. 

 

stamp06261_0-1723823134580.png

 

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Square Community Moderator

Best Answer

Hi @stamp06261!

 

Thank you for your post!

 

We can’t guarantee a loan offer even if the key factors displayed on the eligibility page show all “Good.”

 

There are many factors that affect loan eligibility, but the factors listed on the eligibility page are key factors we consider to help you understand our process. There’s no additional information we can share at this time, and we can’t go into further specifics about program requirements because the criteria we use is proprietary.

 

We will continue to review your account daily for loan eligibility. If you become eligible, you’ll be notified directly on your Square Dashboard and through email.

 

Let us know if you have any other questions!

Sammie_C
Community Moderator, US, Square
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Mark,

Thank you for your feedback. Could you please do me a favor and walk into the algorithmics and make sure my business is aligned with Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries to ensure my analysis are set into place to help a small business like mine. Please, Asking and Thank you!

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Community Team

Hi @stamp06261

 

We are consistently reviewing your account for eligibility. 

 

There’s no additional information we can share at this time, and we can’t go into further specifics about program requirements because the criteria we use is proprietary.

 

If you become eligible, you’ll be notified directly on your Square Dashboard and through email.

 

Let us know if you have any other questions!

marielmt
Square Loans Team
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Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Square, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Square, Inc. All loans are issued by Square Financial Services, Inc. a Utah-Chartered Industrial Bank. Member FDIC. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.
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