Elastic Financial Terms in A Glimpse
Credit Score Requirements | Not established |
Loan Amount Range | Credit limit $500 - $4500 |
Loan Duration | 20 billing payment Bi-weekly and Semi-monthly cycles, Ten billing payments on Monthly cycle |
Interest Rates | 5% on each Cash Advance on bi-weekly/semi-monthly cycle 10% on each Cash Advance On a monthly cycle |
BBB Rating | A+ |
What Elastic Offers
The company offers a personal line of credit that can be used as a financial buffer when you're short on cash. It's a cash advance revolving credit line that you can utilize when in need of emergency funds. You can use it when necessary - simply request a cash advance.
Apply Online
The bank has developed a credit plan that's approved in minutes. The account is a revolving personal line of credit.
As you settle the outstanding balance, you can borrow on the credit line until the credit limit.
If you meet the requirements listed below, you may be eligible. Review these points before applying:
- You are 18 years or older
- You are not currently a Covered Borrower under the Military Lending Act
- You reside in a state within its footprint
- You have a consistent income or benefits
- You need an active Check Account
- You provide information necessary for identity verification
- You submit a valid email address and give consent to receive electronic disclosures
- You meet its credit standards
- You agreed to its terms and conditions
Personal Line Of Credit
This financial account allows you to take out a cash advance, when requested, and when needed. There is a credit limit on the account.
The cash advance amount can be an amount you select, as long as it doesn't exceed the credit limit. The payment cycle chosen determines the APR interest rates.
How Elastic Works
Check all the points on the required criteria before applying online. Gather all the necessary information needed, then follow the simple online application process.
Complete the Online Application - Provide all the required data. Ensure all your information is correct and up-to-date. A credit check is needed.
Verify Email Address - Confirm the email address to accept disclosures.
Verify Checking Account - You'll need to log into your checking account through it's portal to verify your identity.