Elastic is a great way to stretch your pay check a little further. Use it to pay bills, avoid bounced checks, and cover unexpected expenses. We built Elastic to be easy, friendly, fast and flexible. Elastic is part of the Think Cash, Inc. family of products, where our formula for success is simple: By providing the best customer experience, we all win. From day one, we’ve focused on three things: providing better prices than our competitors, making our products convenient for customers, delivering world-class customer service.
Elastic can be a great way to handle emergency cash loans and even save money by avoiding more expensive bank fees. Use Elastic to avoid bank overdraft and insufficient funds fees. This one is a no-brainer bank overdraft fees are almost always more expensive than an Elastic line of credit. For example, if you need to cover a single $40 purchase, bank overdraft protection would cost an average of $34 but an Elastic line of credit would cost only $5. When your checking account is running low and you need to pay bills or make a purchase, just visit our web site and apply. If you don’t have the money when a bill is due, an Elastic line of credit can be a great way to avoid late fees or disconnection of service. We recommend that you compare the late fees by your service provider to the cost of an Elastic line of credit to make the right decision.
One of the best features of Elastic is simple, easy-to-understand pricing. Unlike most banks and credit card companies, Elastic doesn’t charge interest on lines of credit. You pay an access fee each time you get cash. And if you need more time to repay, you will only pay an extension fee of $2.50 per $20 of the outstanding principal.