Elastic is the easy way to access money when you need it. With Elastic, you get a line of credit, but the money you request can go into your checking account. You can borrow as little as $20 or as much as you need up to your credit limit. As you repay your line, you can access additional money up to your credit limit.
Upon approval, you will receive a $500 to $3,500 credit line. You can borrow up to your credit limit at any time.
With Elastic, you get a manageable payment schedule that works with your needs. You can repay your Elastic line of credit sooner to reduce Finance Charges, or you can make minimum payments if you need to keep your payments manageable.
Our commitment to responsible lending includes a cooling off period. By using your credit wisely and paying off any balance in less than 10 months, your account will not become subject to the cooling off period.
If you maintain a balance greater than $0 for 10 consecutive months, your account will enter the cooling off period. During the cooling off period, you will be unable to request additional cash withdrawals until your balance is $0 for 20 consecutive days.