What It Costs

With our easy-to-understand pricing, Elastic is the smarter way to access the money you need, when you need it.

Fees and Charges

Your Elastic Account does not have an interest rate like other traditional credit products. Rather, you pay a Cash Advance Fee of 10% for every Cash Advance you request.¹

We understand you may need more than one Billing Cycle to repay your Balance. If you choose to pay your Balance over time, you are required to pay a portion of your Balance each Billing Cycle. Additionally, for each Billing Cycle that you have a Carried Balance of over $10, you will be charged a Carried Balance Fee ranging from $5 - $350. Please review the Terms and Conditions for details on the Cash Advance Fee and Carried Balance Fee.

Bi-Weekly or Semi-Monthly Billing Cycle

Fee	Amount	How it is Charged	Example
Cash Advance Fee	10% of the amount of each Cash Advance	We deduct the Cash Advance Fee from the amount of the Cash Advance you request.	$500 Cash Advance Request -$50 Cash Advance Fee =$450 Elastic Cash delivered to you
Carried Balance Fee	$5-$175, depending on your Carried Balance View the Carried Balance Fee Chart	Charged every Billing Cycle that you have a Carried Balance on your Statement.	If a Statement shows you have a Carried Balance of $2400.00, you will be charged a Carried Balance Fee of $95.00.

Monthly Billing Cycle

Fee	Amount	How it is Charged	Example
Cash Advance Fee	10% of the amount of each Cash Advance	We deduct the Cash Advance Fee from the amount of the Cash Advance you request.	$500 Cash Advance Request -$50 Cash Advance Fee =$450 Elastic Cash delivered to you
Carried Balance Fee	$10-$350, depending on your Carried Balance View the Carried Balance Fee Chart	Charged every Billing Cycle that you have a Carried Balance on your Statement.	If a Statement shows you have a Carried Balance of $2400.00, you will be charged a Carried Balance Fee of $190.00.

¹ We will charge a 10% Cash Advance Fee for each Cash Advance you request. We will deduct the Cash Advance Fee from the amount of the Cash Advance you request, and deliver only the Elastic Cash amount to you. You are required to repay a portion of your Balance each Billing Cycle, and if you have a Carried Balance of greater than $10, a Carried Balance Fee of $5 - $350 will apply. See the Terms and Conditions for complete details.

How to Reduce Costs

To minimize fees, borrow only the amount that you need and pay it back as soon as you can. If you make only the Required Payment, it can take as long as 10 months to repay your Balance. We encourage you to pay more than the Required Payment to reduce the cost of borrowing.

Example Payment Calculator

Select a sample Cash Advance amount and Billing Cycle below to see an example payment schedule, along with the associated Cash Advance Fee and Carried Balance Fees. You can also add an Additional AutoPay Amount to see how paying more than the Required Payment each Billing Cycle will reduce the cost of borrowing. The Elastic Payment Schedule only reflects a single Cash Advance.

Elastic Cash Amount the amount of money Elastic will send you

Available Credit: $4,500.00

0,000.00

Cash Advance

$0.00

% Cash Advance Fee

$0.00

Elastic Cash

Available Credit: $4,500.00

0,000.00

Cash
Advance

$0.00

% Cash
Advance Fee

$0.00

Elastic
Cash

Billing Cycle (select one)

Additional AutoPay Amount

Total Number of Payments

Additional AutoPay Amount

Total Number of Payments

We Recommend Paying More than the Required Payment

If you make only the Required Payment, it can take as long as 10 months to repay your Balance. We encourage you to pay more than the Required Payment amount to reduce the cost of borrowing.

See our Terms and Conditions for more details.

Ready to Apply?

It only takes a few minutes to apply and find out if you qualify for a $500 to $4,500* line of credit.

Apply Now

When you request an advance of $400.00 and choose to make minimum payments, the following payments would be deducted on your due date. The Cash Advance Fee of $20.00 will be deducted from the requested Cash Advance prior to being deposited into your account. ($380 will be deposited into the checking account)

Billing Period	Outstanding Principal	Minimum Payment	Principal	Minimum Charge
1	$400.00	$70.00	$50.00	$20.00*
2	$350.00	$65.00	$50.00	$15.00
3	$300.00	$65.00	$50.00	$15.00
4	$250.00	$55.00	$50.00	$5.00
5	$200.00	$55.00	$50.00	$5.00
6	$150.00	$55.00	$50.00	$5.00
7	$100.00	$55.00	$50.00	$5.00
8	$50.00	$55.00	$50.00	$5.00

*Cash Advance Fee.

When you request an advance of $1,200.00 and choose to make minimum payments, the following payments would be deducted on your due date. The Cash Advance Fee of $60.00 will be deducted from the requested Cash Advance prior to being deposited into your account. ($1140 will be deposited into the checking account)

Billing Period	Outstanding Principal	Minimum Payment	Principal	Minimum Charge
1	$1,200.00	$120.00	$60.00	$60.00*
2	$1,140.00	$105.00	$60.00	$45.00
3	$1,080.00	$105.00	$60.00	$45.00
4	$1,020.00	$105.00	$60.00	$45.00
5	$960.00	$95.00	$60.00	$35.00
6	$900.00	$95.00	$60.00	$35.00
7	$840.00	$95.00	$60.00	$35.00
8	$780.00	$95.00	$60.00	$35.00
9	$720.00	$85.00	$60.00	$25.00
10	$660.00	$85.00	$60.00	$25.00
11	$600.00	$85.00	$60.00	$25.00
12	$540.00	$85.00	$60.00	$25.00
13	$480.00	$75.00	$60.00	$15.00
14	$420.00	$75.00	$60.00	$15.00
15	$360.00	$75.00	$60.00	$15.00
16	$300.00	$75.00	$60.00	$15.00
17	$240.00	$65.00	$60.00	$5.00
18	$180.00	$65.00	$60.00	$5.00
19	$120.00	$65.00	$60.00	$5.00
20	$60.00	$65.00	$60.00	$5.00

*Cash Advance Fee.

Your Elastic Account does not accrue traditional interest on the outstanding balance over time. Rather, we charge a Cash Advance Fee for each Cash Advance, as well as a Minimum Charge based on Principal Balance on Which Minimum Charge is Calculated appearing on your periodic statement.

The Principal Balance on Which Minimum Charge is Calculated for each Billing Cycle is determined by taking the outstanding Principal Balance you owed at the end of the previous Billing Cycle and subtracting any principal payments made during the present Billing Cycle. Cash Advances made during the present Billing Cycle are excluded. We will assess a Minimum Charge in each Billing Cycle that you have Principal Balance on Which Minimum charge is Calculated according to the fee schedule set out below.

If your Principal Balance on Which Minimum Charge is Calculated appearing on your periodic statement at the end of your Billing Cycle is	Minimum Charge
$0.01 - $10.00	$0.00
$10.01 - $250.00	$5.00
$250.01 - $500.00	$15.00
$500.01 - $750.00	$25.00
$750.01 - $1000.00	$35.00
$1000.01 - $1250.00	$45.00
$1250.01 - $1500.00	$55.00
$1500.01 - $1750.00	$65.00
$1750.01 - $2000.00	$75.00
$2000.01 - $2250.00	$85.00
$2250.01 - $2500.00	$95.00
$2500.01 - $2750.00	$105.00
$2750.01 - $3000.00	$115.00
$3000.01 - $3250.00	$125.00
$3250.01 - $3500.00	$135.00

If your Principal Balance on Which Minimum Charge is Calculated appearing on your periodic statement at the end of your Billing Cycle is	Minimum Charge
$0.01 - $10.00	$0.00
$10.01 - $250.00	$10.00
$250.01 - $500.00	$30.00
$500.01 - $750.00	$50.00
$750.01 - $1000.00	$70.00
$1000.01 - $1250.00	$90.00
$1250.01 - $1500.00	$110.00
$1500.01 - $1750.00	$130.00
$1750.01 - $2000.00	$150.00
$2000.01 - $2250.00	$170.00
$2250.01 - $2500.00	$190.00
$2500.01 - $2750.00	$210.00
$2750.01 - $3000.00	$230.00
$3000.01 - $3250.00	$250.00
$3250.01 - $3500.00	$270.00

Billing Period	Outstanding Principal	Minimum Payment	Principal	Minimum Charge
1	$400.00	$120.00	$100.00	$20.00*
2	$300.00	$130.00	$100.00	$30.00
3	$200.00	$110.00	$100.00	$10.00
4	$100.00	$110.00	$100.00	$10.00

*Cash Advance Fee.

Billing Period	Outstanding Principal	Minimum Payment	Principal	Minimum Charge
1	$1,200.00	$180.00	$120.00	$60.00*
2	$1,080.00	$210.00	$120.00	$90.00
3	$960.00	$190.00	$120.00	$70.00
4	$840.00	$190.00	$120.00	$70.00
5	$720.00	$170.00	$120.00	$50.00
6	$600.00	$170.00	$120.00	$50.00
7	$480.00	$150.00	$120.00	$30.00
8	$360.00	$150.00	$120.00	$30.00
9	$240.00	$130.00	$120.00	$10.00
10	$120.00	$130.00	$120.00	$10.00

*Cash Advance Fee.

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About Us
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Privacy Policy
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Statement Guide
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What is a Line of Credit
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Cash Advance Credit Line
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Personal Line of Credit

* Credit limits may vary by state of residence. Minnesota residents have a minimum Cash Advance of $1350.

The Elastic line of credit is offered by Republic Bank & Trust Company. We will charge a 10% Cash Advance Fee for each Cash Advance you request. We will deduct the Cash Advance Fee from the amount of the Cash Advance you request, and deliver only the Elastic Cash amount to you. You are required to repay a portion of your Balance each Billing Cycle, and if you have a Carried Balance of greater than $10, a Carried Balance Fee of $5 - $350 will apply. Consult the Terms and Conditions for complete details. Elastic is an expensive form of credit and should not be used as a long-term solution.

What It Costs

Fees and Charges

How to Reduce Costs

Example Payment Calculator

Elastic Cash Amount the amount of money Elastic will send you

Billing Cycle (select one)

We Recommend Paying More than the Required Payment

Excellent /5

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What It Costs

Fees and Charges

How to Reduce Costs

Example Payment Calculator

Elastic Cash Amount the amount of money Elastic will send you

Billing Cycle (select one)

We Recommend Paying More than the Required Payment

Excellent /5

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Empty

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