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Elastic LLC Line of Credit, worthwhile?

Frequent Contributor

Re: Elastic LLC Line of Credit, worthwhile?

I have to agree with gdale and Norman. With a statement like that they are basically stating they are going to rob you. Definitely payday loan status.

Starting Score: 6/30/15 EQ 554 TU 534 EX 608
Current Score: EQ 630 TU 635 EX 653
Goal Score: 680 across the board

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Message 11 of 16
Valued Contributor

Re: Elastic LLC Line of Credit, worthwhile?

The letter with my offer has long been destroyed, sorry.

 

I suspect they are coded to a specific individual and cant be transferred.

 

You might try just looking raound on their website.

 

hth

 

Accept the Challenges so you can feel the Exhilaration of Victory.
George S. Patton
Message 12 of 16
you
New Visitor

Re: Elastic LLC Line of Credit, worthwhile?

This no longer holds true. the government cahnged this in 2013. they no longer have immunity.

Message 13 of 16
New Visitor

Re: Elastic LLC Line of Credit, worthwhile?

Miss Byrne,

the response you give is awesome. I was about to do the same thing not build my credit but to catch up with bills.   You are right, you can't response to negative thoughts.  If you do you get a negative result.   

Message 14 of 16
Community Leader
Super Contributor

Re: Elastic LLC Line of Credit, worthwhile?

"'this is an expensive form of credit and should not be used as a long term solution'."

 

That should tell you everything you need to know. Run fast, run far.

 

If you need an installment loan for score purposes do a small share secured loan from SDFCU or other similar CU.

Most Recent FICO 8 Scores EX592/TU539/EQ574 11/01/2017 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Message 15 of 16
Highlighted
New Visitor

Re: Elastic LLC Line of Credit, worthwhile?

T9F6J4

Message 16 of 16