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PAYPAL WORKING CAPITAL DENIED

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JM2612
Contributor
Posted on

Hi!  I have had a business account with Paypal for 8 years. I have had 8 successfully paid Paypal Capital loans. I just paid off a loan in early summer and have been trying to get another one for some time now. It doesn't even let me apply and gives me a message that "My business is ineligible", even though I meet all the requirements and nothing has changed. It has always said error code: DLGJ0656 but today the code is DLGJ0261.

 

Has anyone had this issue AND has anyone even gotten a working capital loan as of recent? I know it is all based on algorithm but I literally check everyday and it never lets me apply.

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PAYPAL WORKING CAPITAL DENIED

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robynnstorey
Contributor

Yes.  Finally. After 17 loans, the last paid off in February of this year, I was finally able to get approved for one a few weeks ago.  It was 150K.  I tried daily, sometimes twice a day....keep trying.  It took 7 months.  

RMS4937

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