Asked by: Atsuko Stottrop
personal finance home financing

What time does elastic deposit?

Last Updated: 27th January, 2020

30
ELASTIC LINE OF CREDIT Disclosure: The Elastic line of credit is offered by Republic Bank & Trust Company, member FDIC. Cash Advances requested and approved by 6:00 p.m. ET (3:00 p.m. PT) are typically funded the next business day if you elect to receive your Cash Advance by direct deposit.

Click to see full answer.

Also to know is, what kind of loan is elastic?

Elastic is an online lender that offers lines of credit as an alternative to short-term loans. Credit limits stretch from $500 to $4,500. You can request as little as you need up to your credit limit and pay back what you borrow in installments plus a fixed fee.

Also, what is an elastic payment? Elastic is an 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 or a check in the mail. As you repay your Balance, you can access additional Cash Advances up to your Credit Limit.

Hereof, does elastic check your credit?

As you move through the process, Elastic will check your credit to determine if you qualify for a line of credit and for how much. If you are approved, the cash advances that you request are usually deposited in your bank account the following business day, if you elect the direct-deposit option.

How do you stop elastic payments?

You can stop any AutoPay payment by calling Customer Support at (888) 225-0080 or writing to Elastic Customer Support, 4030 Smith Road, Cincinnati, OH 45209 in time for us to receive your request by 5:00 PM Eastern Time at least one (1) calendar day before the Payment Due Date.

Related Question Answers

Guoliang Guillem

Professional

What is an elastic fund advance?

Elastic is the easy way to access money when you need it. Once your Elastic Account is open and activated, you can access money whenever the need arises. With Elastic, you request Cash Advances online. As you repay your Balance, you can request additional Cash Advances up to your Credit Limit.

Lupu Eisenhut

Professional

Do unused lines of credit hurt your credit score?

Payment history on closed accounts eventually falls off your report, which can also hurt your score. Closing credit card accounts also reduces the amount of available credit, which can hurt your debt-to-credit ratio if you have outstanding balances.

Cataisa Hollert

Professional

Is elasticity good or bad?

- If the income elasticity of demand is greater than zero, the good is a normal good. It means that demand for the good rises as income rises. Most goods are normal goods. - If the income elasticity of demand is less than zero, the good is an inferior good.

Beimar First

Explainer

How can I get a personal loan with poor credit?

How to Get a Loan with Bad Credit
  1. Gather Your Personal Information.
  2. Improve Your Credit Score.
  3. Talk with Your Bank or Credit Union.
  4. Prove You Can Pay the Loan Back.
  5. Shop Around for Lenders and Consider Loan Types.
  6. Beware of Scams.

Mane Mordvinov

Explainer

What does it mean to be elastic?

Elasticity refers to the degree of responsiveness in supply or demand in relation to changes in price. If a curve is more elastic, then small changes in price will cause large changes in quantity consumed. If a curve is less elastic, then it will take large changes in price to effect a change in quantity consumed.

Margarette Negueruela

Explainer

What is a line of credit loan?

Both loans and lines of credit let consumers and businesses to borrow money to pay for purchases or expenses. A loan is a lump sum of money that is repaid over a fixed term, whereas a line of credit is a revolving account that let borrowers draw, repay and redraw from available funds.

Sahagun Fourny

Pundit

What is a carried balance?

Previous balance on an account which is carried over to the next billing period. Depending on the account terms, additional fees may be accessed if the total balance carried forward exceeds a certain amount.

Tiberiu Kele

Pundit

Is Mobiloans a legitimate company?

Is Mobiloans a Safe and Legitimate Company? Mobiloans does offer online SSL to help keep your financial details safe and encrypted. As for their legitimacy, Mobiloans is a company owned and operated out of the Tunica-Biloxi reservation in Louisiana. However, there are many definitions of "legitimate".

Lijin Kmieczy

Pundit

How much does elastic cost?

Starting today, you can spin up a new deployment on the Elasticsearch Service for as low as $16.40 / month. This 60%+ cost reduction from the former starting price of $45 / month allows you to get started faster and makes it even easier to adopt the Elasticsearch Service as part of your environment.

Marimar Gscheidle

Pundit

What is Rise credit?

Rise Credit is an online installment loan for bad-credit borrowers offered by Elevate, a Texas-based lending company. While its rates are lower than those of traditional payday lenders, Rise loans are an expensive way to get cash in an emergency.

Bintu Llera

Pundit

Who is elastic Republic Bank?

Elastic is a revolving line of credit product offered by Republic Bank & Trust Company, member FDIC. Elastic accounts do not accrue interest. A Cash Advance fee is assessed for each advance transaction, and a Minimum Charge fee may be assessed each billing cycle for which a principal balance is carried over.

Aires El Yakoubi

Teacher

What is a flex loan line of credit?

A flex loan is an unsecured loan that is a cross between a payday loan and a line of credit. Like a line of credit, you get a pool of money you can draw upon. Like a payday loan, you can get a flex loan with less than perfect credit.

Ping Haberzettl

Teacher

Can you stop payday loans from debiting my account?

Even if you have not revoked your authorization with the company, you can stop an automatic payment from being charged to your account by giving your bank a “stop payment order.” This instructs your bank to stop the company from taking payments from your account.

Yingjie Cei├ža

Teacher

How much does it cost to cancel a check?

The fee to cancel, or “stop payment,” on a check can be more than $30 at many large banks. However, some banks and credit unions charge less, and the cost can vary depending on how you make the request.

Hua Cordovez

Teacher

Can I stop an ACH payment?

Stopping an ACH Payment
Even if you haven't revoked authorization yet, it's possible to stop payment like you would with a check. To prevent your bank from allowing funds to leave your account, notify your bank at least three business days before the payment is scheduled.

Tamatha Briganti

Reviewer

What happens if I don't pay speedy cash?

But, if you refuse to payback your payday loan, the first thing that will happen is your loan will be moved to Collections, where lenders will do what they can to recover their funds. With no direct contact, they will attempt to debit your account to recover their funds, which they have every right to do.

Marton Schwingenschlagl

Reviewer

Do I have to pay back an illegal payday loan?

Pay back the principal amount: As per the state and federal laws, you're not legally obligated to pay interests and fees to the illegal lenders. You just need to pay back the principal amount to the lenders. The lender is not following the state laws. Payday loan business is prohibited in your state.

Heike Amoreeder

Reviewer

What happens if I stop paying my payday loans?

What Happens When You Can't Repay a Payday Loan? A payday loan default can lead to a barrage of bank overdraft fees, constant collections calls, damage to your credit scores, a day in court and garnishment of your paycheck. Don't think it can't happen because you borrowed only $300.

Abdeluahed Dietl

Reviewer

Is MaxLend safe?

With MaxLend payday loans, you can get quick access to money even with bad credit. Payday loans can be a safety net for a lot of people but it may not be for all. If you have questions on whether or not MaxLend is right for you visit their website and call them 24/7 for support!