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Elastic Discontinuing Service

Date: Mon, 11/15/2010 - 10:56

Submitted by anonymous
on Mon, 11/15/2010 - 10:56

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Total Replies: 3


Anyone know anything about this? I read that Elastic (through ThinkCash) is discontinuing its service effective 12/15. What does that mean for anyone who has a loan with them?


I would imagine if Elastic discontinues business their debts would be absorbed by someone else. When a business closes your debt doesn't just disappear. Until reading your post I had no idea Elastic was part of think cash or that think cash is part of think financial. Figures though, they all go by so some many different names.


lrhall41

Submitted by Buzzette on Mon, 11/15/2010 - 11:39

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I actually have a loan with elastic and received an email today that Urban Bank (their backer) is no longer providing services through elastic. Basically my account still has to be paid as detailed in the contract and if I had activated their little pre-paid debit card I could no longer access my "line of credit" through the card. I never activated the card or took more money out so I didn't really care - but there is the straight scoop!


lrhall41

Submitted by screwedinaz on Mon, 11/15/2010 - 13:33

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