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This doesn't matter for prediction. The series is asymptotic, and the divergence is expected not to show up before loop order 100. The results at loop order 6 are already as accurate as the best experimental results.atyy said:Although each term is finite, the series is divergent.
Compare this with the poor accuracy obtained by noncovariant lattice theories. They give finite results at each lattice spacing, but none of the lattice spacings for which computations can be carried out gives results matching expoeriment, and it is not known whether (or in which sense) the limit exists in which the lattice spacing goes to zero. Thus lattice QED is according to your own criterion (convergence) in a worse state than the covariant theory.