Medium Loans

Medium Personal Loans are loans that are larger amounts of money borrowed for personal use, but not as large as a mortgage. You can now apply for a Medium Personal Loan at  participating Cash Converters stores and online.

If you’re confused about all the different types of short-term loans, we’ve explained each loan type in the easiest terms possible on our Cash Loans website.

A Cash Converters Medium Personal Loan usually:

  • starts from $2,050 to $5,000*
  • is repaid over 12 months
  • apply online or in-store

Funds are in your account the next business day.

Who is eligible for a Medium Personal Loan?

You are eligible to apply for a Medium Personal Loan if you are over 18 years old, reside in Australia, earn over $750 per week (after tax) and have been in your current employment for at least 3 months.


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Participating stores

You can apply for a Medium Personal Loan at the following stores:

List of Stores

Fee Disclosures

Our Small Personal Loans incur an Establishment Fee of 20% of the amount borrowed and a monthly fee of 4% of the amount borrowed. Our Medium Personal Loans incur an Establishment Fee of $400 and an Annual Cost Rate of 48%. For example, a Small Personal Loan of $1000 over 12 months has fees and charges totaling $680 (1x $200 + 12 x $40) therefore a total repayment of $1680. The maximum Annual Percentage Rate for our Small Personal Loan is 156.1%. Our maximum and minimum loan term is 12 months and repayments can be weekly, fortnightly or monthly. Loans can be settled early with no penalty and monthly fees will only be charged whilst there is an outstanding balance on the loan, hence early settlement will reduce the amount payable on the loan.