Will declines on my Square Card affect my eligibility for a Square Capital loan?

[sellinhorses]

The title of this post has been edited from the original: Square Card Declines & Capital

I have taken advantage of the Square card which comes in very handy when I'm on the road. However, I inadvertently saved my Square card rather than my bank debit for two recurring monthly payments I make. I don't always leave a balance on the card and generally transfer to my bank account unless I plan on being away from home. Consequently, those 2 recurring payments were declined due to insufficient funds on the Square card as they had already been transferred.  I've fixed the error with the companies those payments are made to but my question is, will those failed card debits impact Square Capital eligibility?  I've never had Square attempt to debit my bank account for any reason or have any failed debits - just these Square card declines. I've been diligently using my Square account in the hopes of getting a Capital offer and this just crossed my mind so thought I would ask.  Love having the Square card and hoping my oversight hasn't foiled my odds of an upcoming offer! 

[Valentina]

Hey there @sellinhorses 👋

We're so glad to hear that you've been loving your Square Card! I want to assure you that declines on your Square Card will not affect your eligibility for a loan through Square Capital. You can learn more about eligibility by taking a peek here.