Do your employees need a easy approved low cost loan? How about a line of credit based on their employment with their company?
Elastic Loans – Annual Percentage Rates Range From 6% – 35%
It’s important to review your loan offer before accepting. The rates and fees will be set by your lender. Our company is not a lender and does not provide lending services directly to consumers.
What You’ll Need
A valid state driver’s license is required for each request
Your social security number is needed to verify your identity
A home or cell phone is required to contact you
At Least 18
US citizens or permanent residents over 18 years old
You’ll need a checking or savings account
It does not matter if you rent or own
You must be employed, self-employed or receiving benefits
It doesn’t matter what your credit score is!
But having access to Elastic and our budgeting tool puts you on the road to being in control of your finances. 1 Cash Advances requested by 5:00p.m. ET are typically made available to your bank the next Business Day if you elect to receive your Cash Advance by direct deposit, or mailed within 2 Business Days if you elect to receive your Cash Advance by a check in the mail.
Elastic, a flexible line of credit offered by Louisville, Ky.-based Republic Bank & Trust can help you cover unexpected expenses or consolidate debt. With an Elastic loan, you can apply for a line of credit for $500 to $3,500. A line of credit is different than a traditional personal loan because you only have to pay back what you actually use.
Loans from Elastic are deposited right to your checking account. The following are the basic conditions offered by Elastic: You can request a credit line in the amount of $500 up to $3,500; As you keep repaying the principal, your line of credit increases; All withdrawals are charged with 5% cash advance fee;
9 Online Credit Loans Like Elastic. Elastic loans are a type of line of credit that allows you to use credit when you need it. You repay on your own terms, but if you accumulate too much, the interest can really build up. With many alternatives to Elastic credit online, there are certainly better options available.
As you take financial literacy courses, make timely payments, or take out (and pay back) additional loans, you “move up” on its LendUp Ladder. There are four tiers: Silver, Gold, Platinum, and Prime. At the Platinum and Prime tiers, you’re able to report your payments to credit bureaus to rebuild your credit.