Having had four previous PPWC loans with no issues of any kind, when I applied for a fifth loan, I too, received the 0711 code. This happened on a Friday morning. I had paid-off the previous loan the day before. When I spoke to the PPWC rep, I was told the 0711 code meant that my previous loan had taken longer than expected to pay-off. I must admit, I did have a dip in sales over the previous year, and I did not make any manual pymts during the course of the loan, until the end, when I paid the loan off. I am in the ground transportation business. As everyone knows, the Rideshare industry has pretty much taken over the ground transportation industry. The rep told me not to worry, and to wait 72 hours before applying again, and everything should be okay. Needless to say, I didn't wait the full 72 hours before re-applying. Instead I applied again on Sunday morning, and received a top offer of 31% less than my last Ioan amount. I'm not sure if I had waited the full 72 hours, if the offer would have been different. Another thing, PPWC now predetermines the re-payment percentage, based on the loan amount, as well as an estimated time to repay the loan in full. I went ahead and accepted the lower loan amount, because I needed the funds.
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