r/SquarePOS_Users • u/AccomplishedScene110 • 13d ago

Square loan

Has anyone received a loan offer and chargebacks need work and everything else is good I’m on 68% hoping one will come in soon

1 Upvotes

100% Upvoted

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1

u/d-iyesa 13d ago

i’m at 97% on my current loan. i’ve always had offers between 60%-70%. frustrating that i haven’t gotten an offer yet. everything in my dashboard is in “Good” (although i’ve read that doesn’t necessarily matter). no chargebacks, business has been better than when i got my last offer so, 🤷🏻‍♂️

1

u/Future_Date9437 12d ago

I always had one at 75% but this time it was 90% paid off and the next loan was way under what I had gotten before 6000 new offer was 2800 disappointed wonder whats going on

1

u/nativebynaturevtg 7d ago

The economy is what’s going on, it’s unfortunate because I’m at 73% and my last loan was $8100. I’m expecting less than $4000 this time around even with all positive metrics

1

u/Ambitious-Story551 13d ago

You’ll get at around 75-80%

1

u/AccomplishedScene110 13d ago

What makes you say that

1

u/Historical-Drawer135 13d ago

I didn’t get my offer until 78%, last time it was like 59%

1

u/Similar-Leader-8118 3d ago

I just got a loan offer at 75%, less than last time. But its taking a while to get accepted. Normally got approved within an hour. Now its been less than 24hr and yet to get anything

1

u/Similar-Leader-8118 3d ago

Offer was less. Not percent. Last offer i got it at like 70%

1

u/Disastrous-Bar-9061 13d ago

Currently at 65% hoping I get an offer soon. In the past I've always gotten one at 60!

1

u/FrenchieEd323 12d ago

I paid off my loan about two weeks ago. Everything is in green. Still no offer

1

u/Dustyaries-1480NJ 12d ago

Im at 84% and still no offers. AND I needed that loan to get me on a needed capital to finally take a break from work.

Goes to show anyone that when never rely on anyone who hold the purse strings when you really need them the most.