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I have had 3 successful Paypal Working Capital loans but recently, after paying off my last one (even early, in a big payment) successfully, I have been getting declined. I am trying daily for the past month since paying off my last loan.
I was getting decline codes that I see were common with everyone else in these forums (DLGJ0654 was a common one). So I just keep trying daily like everyone suggested in the forums and even the Paypal rep suggested.
However this week I started to get a new code that I haven't seen yet - DLGJ0908. Has anyone seen this code? Has anyone figured out what it means yet?
Did you ever get approved? I am not an ebay seller, have had 12 loans over 112k paid back now this code DLGJ0906, Just adding I paid mine on the 8th with sales plus a $600 extra payment with pp funds in the acct. I noticed my loan says "paid" on the main page but on the PWC dash it has not been archived the loan.
I received this code too. I paid my first loan in under 30 days. So I am not too sure why I am getting denied. I waited a few days before applying for another and so on.
Last time I was denied (for my first loan) I received a follow-up email inviting me back as they reevaluated my account. Was hoping that would happen again.
I learned the hard way that you should not make a big payment at the end...especially from an external account. When I did that, it took me 5 months of applying to get a new one. Just let the loan get paid at the regular pace or if you are going to make a payment, make it from your PayPal account and not an external account.