Hey there @Slandry. You should check the email header to be sure that email came from Square. I’m not sure that anyone has ever gotten a new loan offer at 55%, especially right now. Currently, sellers have been complaining that new offers are coming much later — say 90+% — and many have had to pay off their current loans and then wait for a while. The lending market is extremely tight and Square is still being very conservative. So, check your email header to be sure it came from a Squareup.com email address.
Hey there @Slandry. You should check the email header to be sure that email came from Square. I’m not sure that anyone has ever gotten a new loan offer at 55%, especially right now. Currently, sellers have been complaining that new offers are coming much later — say 90+% — and many have had to pay off their current loans and then wait for a while. The lending market is extremely tight and Square is still being very conservative. So, check your email header to be sure it came from a Squareup.com email address.
@Slandry Oops. I hit “reply” too soon. If you determine that that email is not scam/junk, then you’ll have to wait until Monday and call the Loan Customer Service folks directly.
