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Learn about Cash Loans A cash loan is a small credit line with a short payment term. Usually ranging from $100 to $1,000, the loans are used to help those in need pay bills, make care repairs, cover household emergencies, or help with other financial emergencies.

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Elastic Personal Loan Review - 2018 - MagnifyMoney

Fees and penalties. Terms: Because Elastic acts more like a traditional line of credit than a loan, it doesn’t come with traditional terms. Instead, you only pay back what you borrow. If you borrow $500 on an Elastic line of credit of $1,000, you only pay back the $500 you borrowed.

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