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March 2024 by Fred J
That Elastic provides a relatively expensive form of credit is something made very clear at the outset, and shouldn't have been a 'surprise' to anyone who chooses to use it. This isn't a credit card and shouldn't be used like one. In instances of financial difficulty Elastic deposits a lump sum of cash in your bank account within 24 hours of requesting it, with the understanding that it should be paid back as soon as possible to keep finance charges low. When a balance is carried week after week without being paid off or down, this form of credit becomes considerably more expensive. It shouldn't be used to make purchases, but rather to meet a current need such as a medical bill or car repair.Elastic has been a life-saver for me on multiple occasions, and in a few instances wherein I was hard-pressed to make my payment on time, I was allowed to defer the entire payment to the following due date. What credit card company ever gave their customerd such an option? Before using Elastic make sure you understand how it differs from conventional credit accounts. Use it as a tool for managing your financial situation, rather than a credit card enabling Amazon shopping sprees and tattoo benders.
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November 2023 by Lynn C
Would not recommend borrowing a large loan. BORROWED AROUND 2,000 VERY high balance carry over fee. Paid them around 1,000 in carry over fees. I Paid two payments in October and they said no payment due until December. 2023. Requested Pay off November 3rd, but it was grayed out,( the last day of billing cycle.) so, I couldn't pay it on that day. Had to pay on the 4th of November. Requested to pay in full what they said was my pay off balance. They grayed out the date of the 3rd of November on Friday . So I had to pay November 4th. and they charged a $50 carry over fee. Called them wrote them they said COMPUTER GLITCH. We can't credit your account. You paid 1 day after the 3rd. I paid very high fees for a round a year. THE COMPUTER NOW SAYS NO PAYMENT DUE UNTIL JANUARY AND BALANCE $60 THEY SAID (WE WILL SEND YOU TO COLLECTIONS IF YOU DON'T PAY.) I want a credit for the $50 fee because I was not allowed to pay it off on the 3rd. I closed my account with them.
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July 2023 by Eric Cook
Have nothing to say bad about elastic borrow there when I need extra funds happy to have it when I needed it
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April 2023 by Carolyn F
Elastic has been a lifesaver for me. They have a calculator that automatically let you know what you will pay on the amount you borrow. They are straightforward and warn you that is an expensive line of credit. Also, a financial course is given which is very helpful. Elastic is fair and the key is to borrow only what you are able to pay back.
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April 2023 by Carolyn F
Elastic has been a lifesaver for me. They have a calculator that automatically let you know what you will pay on the amount you borrow. They are straightforward and warn you that is an expensive line of credit. Also, a financial course is given which is very helpful. Elastic is fair and the key is to borrow only what you are able to pay back.
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June 2022 by Vispinian
Predatorial Loan Company. Buyer Beware!
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April 2022 by Gail C
I can't imagine negative reviews on Elastic. I am a long time customer and sure the interest rates are higher but they'd is close that upfront.. They have been nothing but the best to work with when I fell on hard times recently. CS are always very nice and helpful.
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April 2022 by Gail C
I can't imagine negative reviews on Elastic. I am a long time customer and sure the interest rates are higher but they'd is close that upfront.. They have been nothing but the best to work with when I fell on hard times recently. CS are always very nice and helpful.
