Hi guys, Got my first PPWC loan in November. Got for $1000, with a 10% repayment and a $94 fee, for a total of $1094. I was offer 5k but wanted to make sure that I fully understood how this all worked before committing to the higher amount. I'm kind of regretting that now. I LOVE the loan. And it's almost paid off. In fact, I have just over $300 left to pay before completing it. The whole thing is simple but with only owing about $300 on the loan, I would love to just manually pay it off so I can apply for a new loan. I looked at my last 12 months and my sales have been good. Pretty much the same, with a very slight drop in January. My transactions are pretty consistent. Problem is, I am reading TONS of threads where people pay the loan off manually in one lump sum, only to be denied another loan. Paypal says that they do not penalize for early loan completion or manual payments, but when it comes to getting a 2nd loan, it sounds like it's a deal breaker, based on multiple reviews. I wanted to pay this loan off in about a week and reapply. MY QUESTION: For those of you who had problems after paying off the loan early, were you making many manual payments? Is there anyone who made a final lump sum manual payment in the range of 30% and DID get approved for a new loan? (assuming no other issues) I do not want to pay the $300 and then have it come back to bite me. Like I said, my transactions are consistent and I do not work through EBay (well, I did sell one piece of equipment in December and that went fine). I'm a full-time freelancer with many regular clients who just pay me monthly. ANyways, these threads are REALLY freaking me out! Any advice on this? Thanks!
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