x

can i cancel a loan application and reapply

Can I cancel  a loan application and reapplied

87 Views
Message 1 of 3
Report
1 Best Answer
Square Champion

Best Answer

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:

  1. Log in to Square Dashboard and go to Loans.
  2. Click the three dots on your plan details.
  3. Select "Cancel loan" and confirm.

For more details, refer to this article: Cancel your loan application.

 

Chip
Square Champion, Innovator, Expert and Truth-Teller (The good, the bad, and the ugly. Lol)
Piper’s Ice Cream Bar, Covington KY USA
Website Facebook
Click here to see a list of third-party apps I use to add functionality to my Square account!

If my answer resolves your issue, please take a minute to mark it as Best Answer. That helps other sellers who find this thread in the future.

View Best Answer >

64 Views
Message 2 of 3
Report
2 REPLIES 2
Square Champion

Best Answer

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:

  1. Log in to Square Dashboard and go to Loans.
  2. Click the three dots on your plan details.
  3. Select "Cancel loan" and confirm.

For more details, refer to this article: Cancel your loan application.

 

Chip
Square Champion, Innovator, Expert and Truth-Teller (The good, the bad, and the ugly. Lol)
Piper’s Ice Cream Bar, Covington KY USA
Website Facebook
Click here to see a list of third-party apps I use to add functionality to my Square account!

If my answer resolves your issue, please take a minute to mark it as Best Answer. That helps other sellers who find this thread in the future.
65 Views
Message 2 of 3
Report
Square Community Moderator

Thanks for stepping in to help here, @TheRealChipA !

@countrygarde, please let us know if this works for you or if you need any further assistance 🙂

Violet
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.



35 Views
Message 3 of 3
Report

Type a product name