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working capital code DLGJ0906

UtahDiy
Contributor

Re: working capital code DLGJ0906

Now I got code DLGJ0905 does anybody else feel like they're just throwing random codes out there to drive a cell freaking crazy because? I know other people that have gotten loans right now. This is so frustrating in hurting my business at a time where coll visited it. I still got plenty of sales and revenue coming and so I should qualify
jdearns1
Contributor

Re: working capital code DLGJ0906

I got this code have applied many times a day.  I applied in the morning declined I applied this afternoon ( 5 days later from payoff) It went through. 

Ghostmech2002
Contributor

Re: working capital code DLGJ0906

Glad to hear that you were approved. Still declined with this code 23 days after paying off loan early. Bah Humbug!
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UtahDiy
Contributor

Re: working capital code DLGJ0906

I hear you. I took out a $5,500 loan March 7th right before covid hit had it paid off by July. Months months early. I have been denied at least once a day since then the code changed in November to this 0906 and 0905 I'm so frustrated I'm moving my my servicing to another carrier for 2021
Ghostmech2002
Contributor

Re: working capital code DLGJ0906

Still declined, 5 weeks after paying off early. Ridiculous. If approved, this would be the third loan. I think the algorithm is broken.
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Ally1266
Contributor

Re: working capital code DLGJ0906

I paid my loan back in October .. had this codes once November !
UtahDiy
Contributor

Re: working capital code DLGJ0906

I am still not approved.  I get the 0905 and 0906 codes.  It randomly switches back and forth.  I am so frustrated!  Ive had 7 loans, all paid off early.  I process close to 100k and nada.  I am looking for a new processor.  This is bad business.

 

jimbojr55
Contributor

Re: working capital code DLGJ0906

Re: working capital code DLGJ0906

MasterpieceAV
Contributor

Re: working capital code DLGJ0906

Yeah I got a 2200 loan approved end of March last year had it paid back first week of May. Have been being denied still and I apply everyday sometimes multiple times a day. I did 114k in total transactions through them in 2020 and have been non stop denied since last May. I've had 9 loans previously all paid off way in advance and have been doubling my transactional history with paypal year after year since I opened my business. Super frustrating calling does no good, increased sales don't help, decrease in sales doesn't help. One of the letters I got in mail recently said I was denied due to too many transactions and also due to not enough payment processing being done on my acct in the same letter In m like wait aren't those two things both the opposite of the other... Too many transactions but not enough transactions was reason for the denial I'm like WTF.
Ghostmech2002
Contributor

Re: working capital code DLGJ0906

Still. STILL declined after 8 weeks!! Really, PayPal?????