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

Instead of daily interest, with Elastic you pay a simple Cash Advance Fee of 5% or 10% for every Cash Advance you request depending on your pay frequency. If you repay the entire amount within the first billing cycle no other charges or fees will apply.1

We understand you may need more than one billing cycle to repay your Elastic Cash Advance. A Minimum Charge will apply to your Elastic account each billing cycle you have an unpaid Principal Balance. Your billing cycles are determined by your pay frequency.

Fee Cash Advance Fee Minimum Charge
Amount

Non Monthly: 5% of the amount of each Cash Advance




Monthly: 10% of the amount of each Cash Advance

Non-Monthly Customers: $0 to $135 per billing cycle based on balance

View Minimum Charge Chart for Non-Monthly Customers

Monthly Customers: $0 to $270 per billing cycle based on balance

View Minimum Charge Chart for Monthly Customers
When It Applies Upon requesting a
Cash Advance
For every billing cycle with an
unpaid Principal Balance

Example. To request $1,000.00 in Elastic Cash, a $52.63 Cash Advance Fee applies, with a total Cash Advance amount of $1,052.63.

1 Each Cash Advance from the Elastic line of credit is subject to a 5% or 10% Cash Advance Fee depending on your pay frequency and ongoing balances are subject to a Minimum Charge of $0.00 to $270.00 based on the outstanding principal balance.

Existing Customers : Please be sure to log in to view the terms including fee schedule associated with your account.
Not Yet a Customer : Please see the terms including fee schedule associated with your offer when you apply.

How to Reduce Costs

To minimize charges, request only the amount that you need and pay it back as soon as you can.

Example Payment Calculator

Select a dollar amount and payment schedule below to see an example minimum payment schedule and associated fees.

Elastic Cash Amount the amount of money Elastic will send you

Payment Schedule the payment schedule you choose (select one).

Minimum Payment
Additional Payment Amount
Total Number of Payments
$
 
$
 
Elastic Cash Line of Credit Amortization Schedule * View More  
Billing PeriodOutstanding PrincipalPrincipalMinimum ChargeAdditional Payment AmountCash Advance FeeTotal Payment
Total      
By paying an additional on each remaining payment, you could save up to
* The Current Principal Balance may not reflect pending payments. This Amortization Schedule does not reflect Ad hoc payments, late payments or new Cash Advance scenarios.
Elastic Cash Line of Credit Amortization Schedule *
* The Current Principal Balance may not reflect pending payments. This Amortization Schedule does not reflect Ad hoc payments, late payments or new Cash Advance scenarios.

We Recommend Paying More than the Minimum Payment

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

See our Terms and Conditions for more details.