Working capital erorr DLGJ0710
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Hey guys so had a 1,500 load paid of in 60 days with a mixture of automatic payments and manual payments through the life cycle of the loan. Sales are up month on month since taking out the first loan however I have just passed the 3 day mark and got denied with DLGJ0710 code few questions Has anyone had a new loan or 2nd loans appeared since late march? Does anyone know what that code is for as be good know why I've been declined Any advice?
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PayPal Business Loan
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Working Capital
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Hi Odinsbreadcare - Its happened to me too. I have had all my former capitals repaid quickly - the last very quickly - and I cant find anything on my account that would be doing this. Also the reps confirmed my account is indeed excellent in every region too. I rely on paypal for these to purchase new stock and then sell it to generate turnover. I feel anxious as I have built a 15 year strong paypal business that paypal are suddenly not backing me. Its like your bank pulling their support. You are not alone.
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Same decline code with us we have done several loans and paid them off well before the term. I was told to keep trying. Also if you have a fluctuation in sales over the last several months that is also another reason for the decline notice.... even tho our sales are high the have gone up and down even though we are above track from last year on our sales so far this year. I was told to just keep trying even up to 2 times a day. They don't run your credit so good luck to all! Seems we are all in the same boat right now!
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ok. another update on this. I had a chat with customer service and was told that this code is due to the current covid situation. Apparently payments are being delayed so i was advised to wait around 5 days to reapply again. There was no issue on my account nor my sales. will update you again in 5 days.
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