Elastic Ratings & Reviews

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Elastic

(3.3 of 5) 3 Reviews

100% of our customers would recommend this lender.

About Elastic

Elastic is the easy way to access money when you need it. With Elastic, you get a line of credit, and can get Elastic Cash directly into your checking account. You can borrow as much as you need up to your credit limit.  As you repay your line, you...

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Customer Reviews

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3 Reviews

(3.3 of 5)
Review Breakdown
  • Lender Review
    from Fort Worth, TX Confirmed LendingTree Customer
    (1 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Personal Loan
    Services:
    None - we connected, but I didn't move forward
    Date of Service:
    November 9, 2017

    My bank account was too young.

    Was denied even though I was recommended by Lending Tree. Didn't mention anything about new bank accounts being a problem. I've only had it for 5 months.

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  • Lender Review
    from Burtonsville, MD Confirmed LendingTree Customer
    (4 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Personal Loan
    Services:
    Closed loan with this lender
    Date of Service:
    October 22, 2017

    Quick and super easy

    I was able to change my bank account information and apply for a loan all in the same day. Funds were in my account the next day. Clear outline of repayment schedule.

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  • Lender Review
    from Lanham, MD Confirmed LendingTree Customer
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Personal Loan
    Services:
    I'm currently working with this lender
    Date of Service:
    October 20, 2017

    My friend

    Everything is okay and very good

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Elastic is the easy way to access money when you need it. With Elastic, you get a line of credit, and can get Elastic Cash directly into your checking account. You can borrow 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.  With Elastic, you get a manageable payment schedule that works with your needs.
 
Elastic Features include:
- Credit lines from $500 to $3,500
- Pay a 5% or 10% Cash Advance Fee (depending on your billing cycle) with each Cash Advance
- A portion of your principal is due each Billing Cycle, and if you have an ongoing balance, a Minimum Charge of $0.00-$270 will apply;
- Once your credit line is open, you can borrow as much as you need up to your credit limit and you only pay for what you use;
- You can pay off your balance at any time, we never charge a prepayment fee.
 
*Once approved, Cash Advances requested by 6:00 pm ET are typically funded the next business day, if you elect to receive your Cash Advance by direct deposit. Consult with your bank for information on when funds will be available.