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It is completely ridiculous. Sure, it’s their money, but we pay a fee to use their service and for borrowing their money. The fact that a computer makes the decision is what’s scary, so really no rhyme or reason to it. I paid off both my loans early , had no chargebacks, but may have had a negative balance, but why should this matter? It’s not a bank account, it’s a service.. when I relayed my last loan EARLY, my record was clear and sales were good, paying them back early was a BUG mistake, and is bad of the company to encourage it. These machine algorithms are a JOKE, as why should you be penalised for a dispute that may have been a postal problem, or something else out of your hands, because of this crap, I will be happy to move to the next company that provides a gateway and a FAIR loan service.. I think it must be a big shock for everyone who repays their loan early, way earlier than projected, to then be rejected. That’s **bleep**. Not Fair, and PayPal should be ashamed of themselves for such a shonky inconsistent service.
Both loans EARLY, months earlier than projected. Yes, it’s their money, but they take it out of your sales and you feel it. Basically, it is just NOT A FAIR SYSTEM. Rewards for early payment is fair. Judging on conditions, not on a bleep from one disgruntled customer or for making a huge purchase and draining your account. It literally SUCKS.