PayPal Community

#1 That won’t work read the fine print on the loans it reads “PayPal is not obligated to lend” #2 we are going through/ entering this global recession. Most lenders have tightened up on lending. #3 check your sales, I thought PayPal was getting over on me when in reality I had a one month gap in sales. Even a week gap or paying your loan off to early can stop the next loan ... View more

Yes. So basically the system is looking at December , January , February and March. My sales in December were low December and January but it was on an incline. So basically your sales algorithm for the current month has to catch up with your “normal” sales pattern. That’s another thing that it has is your sales pattern. If the pattern changes it denies you. ... View more

They have a program backed by small business association. Side note on PayPal I called today they look at the last 4 months of history. I just ramped my sells up the past 7 days and oddly enough I got approved today. ... View more

I’m in the same boat getting the same code. I’ve had about 10 loans payed off. Honestly I think it’s time people move away from PayPal. Especially since no one can tell you why the denial. On Top of that after the denial they start to send ads for othe business loans ( those are trash ) I would suggest NO ONE take those high interest loans. If your still having trouble with working capitol you can go to TD bank as they have a working capitol program where your credit is less important. PayPal is no longer reliable. If you call or ask here their time will just read or copy and paste what’s in their employee manual. That helps no one. Even with an increase in sales I still keep getting DLGJ0738. It’s all trash. I’ll never again depend on PayPal. You’ll be better off having the traffic flow going through your personal bank so the bank can track how much you are bringing in. Atleast if you get denied they can tell you why. ... View more

I’m done with PayPal...this is trash...TD bank now has a working capitol where your credit doesn’t matter. All PayPal is doing is advertising a higher rate business loan scam. To bad Td banks rates are still lower. PayPal should have stayed with working capitol. Spread the word TD bank now has a better product. A product where they have actual explanation for everything and not just some staff reading from a book. ... View more

Just a word of advice never base your business around PayPal working capitol you will fail. In the fine print it reads that they are “NOT REQUIRED” to lend to you. Working capitol is cool but depending on it will put you under for sure. ... View more

It’s going to get weirder watch your going to start to get emails And mailers for a different type of PayPal business loan. ... View more

No approval ... View more

Keep applying but honestly don’t wait on it. They changed a lot of stuff with working capitol. I’ve been with PayPal for 8+years and I make 6 figures. When I got the denial letter of explanation from web bank it said I haven’t been in business long enough. Even though I’ve had 8 previous loans. ... View more

Me to did you get approved ? ... View more