Many users often overlook billing details until they encounter an unexpected charge, such as an automatic subscription renewal. This guide is designed to provide you with a clear understanding of how LoanApproval refunds operate, who qualifies for them, and the straightforward steps to request your money back swiftly. With this helpful information at your fingertips, you can navigate the refund process with confidence.
What You Should Prepare Before Applying For Refund
Transaction ID: Have your transaction ID handy for the loan application processed through LoanApproval.
Account Information: Ensure you have your account details, including the registered email address associated with your LoanApproval account.
Loan Documentation: Gather all relevant documentation related to the loan, including the loan agreement and any terms and conditions provided during the application.
Proof of Payment: Collect records showing payment confirmation for the fees associated with your loan application.
Refund Reason: Clearly articulate the reason for the refund request, including any issues encountered during the loan process.
Contact Records: Document any communication you've had with LoanApproval, such as emails or chat transcripts, regarding your loan.
Verification of Identity: Prepare any required identification documents that may be needed for verifying your identity during the refund process.
How Long Does it Take to Get a Refund?
Payment method
How long it takes*
Credit Card
5-7 working days
Debit Card
3-5 working days
Bank Transfer
3-5 working days
PayPal
1-3 working days
*Working days are Monday to Friday, and don't include public holidays.
What are my Rights? Am I eligible for a Refund from LoanApproval
At LoanApproval (nickymall.com), users have specific rights regarding their transactions, particularly related to the services offered in our loan approval process. Understanding your eligibility for a refund is crucial for effective account management and financial planning. Our policies are designed to address various user circumstances that may arise during the loan approval journey.
Refund eligibility may apply in the following situations:
Loan Denial: If your loan application is denied after processing, you may qualify for a refund of any upfront fees charged during the application process.
Service Not Rendered: In cases where a service was not delivered as promised—such as a consultation or advisory session—you might be eligible for a refund.
Application Withdrawal: If you withdraw your application before any processes have been undertaken, you could potentially receive a refund of fees paid.
Technical Issues: If users experience significant technical difficulties that prevent the use of our services, this may warrant a review of your eligibility for a refund related to specific service fees.
It's important to note that all refund requests are evaluated on a case-by-case basis, taking into account the specific circumstances and our stated policies. For further clarification or to inquire about your specific situation, please reach out to our support team.
Step-by-Step Process to Request Your LoanApproval Refund Like a Pro
Click on 'Billing' or 'Subscriptions' to view your current services.
Locate the membership or subscription you wish to refund.
Click on 'Request Refund' or 'Report Issue' to start the process.
In your message:
Mention that the subscription renewed without prior notice.
Emphasize that you have not utilized the service.
Be clear about the specific charge you are referring to.
Submit your request and keep an eye on your inbox for further instructions.
If you purchased through Apple:
Open the Settings app on your device.
Tap on your Apple ID at the top of the screen.
Select Subscriptions.
Find the subscription from LoanApproval.
Tap on Cancel Subscription and then tap on Report a Problem.
In your message:
State that you wish to request a refund for the recent charge.
Indicate that you were unaware of the automatic renewal.
Clarify that the subscription has not been used at all.
Submit your report and await Apple’s response.
If you purchased through Google Play:
Open the Google Play Store app on your device.
Tap on the hamburger menu (three horizontal lines) in the top left corner.
Select Account and navigate to Purchase History.
Locate the LoanApproval charge you want to refund.
Tap on that charge and select Request a Refund.
In your message:
Explain that the latest charge was unexpected.
Make a note that you did not use the subscription.
Request a refund clearly and politely.
Submit your request and monitor your email for confirmation.
If you purchased through Roku:
Go to the Roku website and sign in to your account.
Navigate to the Manage Account option.
Find the section for Subscriptions or Billing.
Identify the LoanApproval subscription and click on it.
Look for an option that says Cancel Subscription.
Once cancelled, head to the Help section of Roku.
Find the option to Contact Us and choose Billing as the topic.
In your message:
Mention that you want a refund for the recent charge.
Point out that you were not aware of the upcoming renewal.
Stress that the service was unused.
Submit the message and check your email for updates.
Disclaimer
Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.
The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.
Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.
Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company's terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.
I would like to request a refund in the amount of [Amount]. I have attached any relevant documentation to assist with the processing of this request.
Please confirm the receipt of this email and the status of my request within 3-5 business days.
Thank you for your attention to this matter.
Sincerely, [Your Name]
Common refund statuses
Status
Meaning
What It Means for You
Pending
Your refund request has been received but not yet processed.
Please allow up to 5 business days for your request to be reviewed.
Processing
Your refund is in the process of being completed.
Refunds usually take 3-7 business days to finalize, depending on your bank.
Refunded
The refund has been processed and returned to your account.
Check your bank statement; the amount should reflect within 5 business days.
Partially Refunded
A portion of your refund has been issued.
You will receive the remaining amount within the next few days; check your statement.
Completed
The refund process has been finalized.
Your funds should be available in your account; no further action is needed.
Canceled
The refund request has been canceled either by you or the merchant.
If you wish to pursue further action, please contact customer support.
Real User Scenarios: When and How Refunds Were Successfully Claimed
At LoanApproval, we understand that situations can arise requiring our users to seek refunds for various reasons. Below are some scenarios illustrating how our users have successfully managed to claim refunds:
Subscription Change: A user realized they had upgraded to a premium subscription but found that the additional features were not necessary for their needs. They contacted LoanApproval’s support team and explained their situation, resulting in a prompt refund for the difference between the premium and standard subscription plans.
Service Interruption: During a scheduled maintenance period, a user was unable to access their account for several days. After reaching out to customer service, they were informed of the outage and successfully claimed a refund for the days the service was unavailable.
Billing Clarification: A user noticed an unexpected charge related to their loan processing fee. Upon reviewing the details with LoanApproval’s customer support, they clarified that the charge was for an old application that did not finalize. The user was able to get a refund for this fee after providing their application details for verification.
Incorrect Payment Schedule: A user accidentally selected a bi-weekly repayment plan instead of a monthly one. After realizing the error, they contacted LoanApproval, who quickly resolved the issue and processed a refund for the additional fees incurred during the first payment cycle.
The Easiest Way to Get a LoanApproval Refund
If you're frustrated trying to get a refund from LoanApproval—or if you didn't even realize you were being charged—Chargeback can help. Chargeback is a personal subscription manager that automatically detects hidden, recurring charges like Netflix, Hulu, and hundreds of others. With one click, we can cancel unwanted subscriptions, flag suspicious billing, and even initiate refund requests on your behalf. No more waiting on hold or navigating confusing help pages. Just connect your bank or card account, and we'll take care of the rest.
How to Track Your Refund Status Efficiently
Tracking your refund status with LoanApproval is straightforward when you know where to look. Here are some efficient ways to stay updated on your refund progress:
Email Notifications: Check your email for updates directly from LoanApproval. Look for messages with the subject line "Refund Status Update" to get timely information about your refund.
In-App Notifications: If you're using the LoanApproval mobile app, make sure to enable notifications. Important updates regarding your refund will appear under the notifications tab, keeping you informed instantly.
Account Dashboard: Log into your LoanApproval account and navigate to the Order History section. Here, you will find details of your refund request, including the current status and any pertinent notes from the processing team.
Billing Section: In the Billing section of your account settings, you can view all transactions. Locate the specific transaction related to your refund for a detailed breakdown of its status.
Refund Progress Details: LoanApproval provides specific information about what stage your refund is in (e.g., processing, completed) along with estimated timelines, so you know when to expect your funds back.
Customer Support: If you have questions or need clarification, reach out to LoanApproval's customer support through their Help Center or in-app messaging feature. They can provide personalized updates on your refund status.
FAQ
If you forgot to cancel your loan approval application on time, unfortunately, refunds may not be available as per our policy. We recommend reviewing the terms you agreed to during the application process for specific details. If you have any questions, feel free to reach out to our customer support for further assistance.
Refunds typically take 5 to 10 business days to process, depending on your bank's policies. Once processed, the funds will be credited back to your original payment method. It's always a good idea to check with your financial institution for specific timelines.
If you see a charge but do not have an active subscription, please check your payment history and verify any previous subscriptions that may not have been fully canceled. If you still believe the charge is incorrect, contact our customer support team with your account details, and they will assist you in resolving the issue.
If you are unable to secure a refund through standard channels with LoanApproval, consider reaching out to customer service again for further assistance. You may also explore escalating your concern within their support system for additional options. Additionally, reviewing your account details can help identify any discrepancies that may facilitate a resolution.
If LoanApproval is not issuing a refund, you may want to review their refund policy for specific terms related to your situation. Additionally, reaching out to their customer support team again can provide further clarity on your case. Checking your account details and transaction history may also help you understand any additional factors that could be influencing the refund process.
Chargeback and the Chargeback trademarks used herein are trademarks or registered trademarks of Chargeback and its affiliates. The use of any other trade name, copyright, or trademark is for identification and reference purposes only and does not imply any association with the copyright or trademark holder of their product or brand. Other product and company names mentioned herein are the property of their respective owners.
¹ Total savings is calculated based on internal annualized estimates of savings for customers. ² Average requests times may vary depending on volume of requests
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