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Square Loan, a phantom?
I just had the weirdest thing happen. I finished paying off a Square Loan today. Just before I finished paying it down, I noticed I had another offer for a Square Loan. I had a fresh notice of eligibility and approval. So, I paid down the 2 cents (not kidding) left on the old one, and I turned to accept the new one. The browser screen flashed and said I am not eligible for a Square Loan. So, in the same day, I was offered a Square Loan and then hat hat offer removed.
That's bizarre.
I'm anticipating the boilerplate reply of "Square determines eligibility for loans on factors like sales generated and blah blah so the decision to approve might change." But, like... in the same day?
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Hey there @phospholipid77
This is a great question for our Square Financial Team. Please reach out to them ASAP so they can look into this for you. They can be reached at 855-897-1838 Monday - Friday from 8 am to 5 pm (Pacific Time).
Community Moderator, Square
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