Personal loans.

Loans come in all shapes and sizes these days, and it’s important to find a loan that will suit you. At Cash Converters we believe that getting a personal loan shouldn’t be that difficult. So we’ve designed our application process to make it easy for you to arrange a Personal Loan. Here we explain what they are and how they work.

What is a personal loan?

A personal loan is when you borrow a sum of money from a lender for personal use. The borrower may use the money for anything they choose; a well-deserved break or an unexpected emergency. The borrower will make regular payments to the lender repaying the money borrowed plus interest. Personal loans give borrowers the ability to make purchases without needing to save the funds first.

Not all lenders perform credit checks to ensure your loan will be comfortable for you. Here at Cash Converters, we practice responsible lending which may include performing a credit check, and our people assess your loan not a computer. This means we can ensure each loan will work and be affordable for our customers and their finances.

Features and benefits of a Cash Converters Personal loan.

It’s a simple process to get a Personal Loan from Cash Converters, and no security is required!

First, you tell us how much you would like to borrow - from $600 up to $2000. Then we check to make sure you meet our requirements, and the loan amount is suited to your income and expenses. If approved (which is typically done within one day within business hours) the funds will then be direct deposited in to your bank account. The repayment period for our Personal Loans is 4 - 6 months for $600 - $1000 and 4 - 9 months for $1100 - $2000.

You can apply for our Personal Loans in any of our stores, or online.

Personal Loan, how much can you borrow?

Your financial situation and overall suitability for the loan will determine how much we are able to lend you. A Personal Loan at Cash Converters is offered in variable amounts from $600 - $2000.