Getting a Personal Loan from Cash Converters is quick and simple. 

First, you tell us how much you'd like to borrow.

Next, we look closely at all the information you've provided to make sure the cash loan amount not only suits your requirements but your income and expenses too. 

Once approved, the cash is transferred directly to your nominated bank account. 

Alternatively, visit your nearest store to apply for a Cash Advance loan.

What we need from you:

  • The latest 90 days of your bank account transaction history for the account your income is deposited into (Don't worry, this will be automatically retrieved during the application process)
  • Identification details (e.g. Drivers licence)
  • A current Income Statement if you receive a Centrelink payment

For more information view our Frequently Asked Questions.

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You Apply Online

It’s easy to apply for a cash loan online. You can use your computer, smartphone or tablet. Less than 10 minutes is all it takes.

We Check & Confirm

We check the information that you have submitted to make sure we’re lending you the right amount and it meets your needs.

You Are Approved!

Success! Sign your electronic loan contract, and we’ll transfer the money to your bank account.

Cash loans are short-term financial solutions for all kinds of purposes, and all kinds of people.

You can borrow from $100 up to $5,000* and the term of our Personal Loans range from 2 to 24 months, depending on the type of loan.

 

Our Loans Compared

Cash Advance loans are short-term cash loan options that are usually for smaller amounts of cash compared to other loans. You can apply for a Cash Advance loan at your nearest store.

Personal Loans are loans that are larger amounts of money borrowed for personal use. Once approved, the funds for your Personal Loan will be in your account at some point during the next business day.

Cash Advance - instore only

Loan amount - $100 - $2000

Loan duration4 - 6 weeks (flexible loan terms may be available upon assessment)

Turnaround timeSame day - conditions apply

Cost20% Establishment fee + 4% monthly fee

Small Personal Loan - online or instore

Loan amount - $300 - $2000 online
(or from $400 to $2,000 in store)

Loan duration2 to 12 months

Turnaround time - 24 - 48 hours

Cost - 20% Establishment fee + 4% monthly fee

Medium Personal Loan - online or instore

Loan amount - $2050 - $5000*

Loan duration4 to 24 months

Turnaround time - 24 - 48 hours

Cost$400 establishment fee (financed under loan) and 48% interest per annum

*Deposit into bank account up to a maximum of $4600, due to the establishment fee being financed under MACC loan.

Fee Disclosures

Our Small Personal Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. Our Medium Personal Loans incur a $400 establishment fee and interest at an Annual Cost Rate of 48%. For example, a small loan of $1000 over 9 months has fees and charges totalling $560 (1 x $200 + 9 x $40), resulting in a total repayment of $1560. The maximum annual percentage rates on our loans is 217.95%. The minimum loan term is 2 months and a maximum of 12 months for small amount loans and 24 months for medium amount loans. Our loans are repayable in weekly, fortnightly or monthly instalments. Loans can be settled early with no penalty and 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.