Make more possible with My Loans
We don’t just want to make things possible for you – we want to make things easier, too. And that includes from the comfort of your own home.
My Loans makes managing your Personal Loans, Pawnbroking Loans or Buybacks more convenient with a handy set of features at your fingertips. Check the status of your loan, due dates, make payments and more, all from your mobile device.
Available online and from your app store.
Download the My Loans app now
Save time
Manage repayments and keep track of your loan anytime, anywhere
All in one spot
Access to your loan details and the status of your applications at your fingertips
Easy access
See your payment schedule, make repayments and view your transactions
Personal Loan options
| Medium Loan | Small Loan | PayAdvance | |
|---|---|---|---|
| Loan Amount | $2,050 - $5,000* | $400 - $2,000 | Up to $150 |
| Loan Term | 4 - 24 months | 2 - 12 months | Pay back the PayAdvance when your next pay comes in |
| How do I apply? | Apply online or in-store | Apply online or in-store | Apply via the MyLoans App |
| Method of Payment | Funds transferred to your bank within 24-48 hours of approval | Funds transferred to your bank within 24-48 hours of approval | Funds transferred to your bank straight away |
| Fees | $400 establishment fee* and 48% per annum | 20% establishment fee and 4% flat monthly fee | 5% fixed fee |
| Apply Now | Apply Now | More info | |
*Deposit into bank account up to a maximum of $4,600, due to the establishment fee being financed under MACC loan
Please see our Target Market Determination for more details.
My Loans
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What is My Loans?
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How do I register to use My Loans?
Step 1 - Visit www.cashconverters.com.au/myloans and click register to create a Cashies Login
Step 2 - Enter the verification code sent to your email (if applicable)
Step 3 - Follow the prompts to complete your registration
Step 4 – Log into My Loans, either from the Cash Converters home page or by using the Cash Converters My Loans App available from Apple and Android app stores.
Step 5 - Click ‘Link your loans’ and provide the requested information to add your loans to your My Loans Dashboard. If you are having trouble registering with My Loans, please call 13 22 74 or visit your local store for assistance. -
Can I log into multiple devices at the same time?
Yes! There is no limit.
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Do you have an app?
Yes! You can download the Cash Converters My Loans app on Apple and Android devices.
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Can I delete my My Loans mobile account?
Yes, you can delete your My Loans mobile account by following these steps:
1. Log into your My Loans app
2. Go to the setting tab at the bottom right navigation bar of your home screen
3. In settings, select the ‘Delete your Account’ button
4. After confirming that you would like to delete your My Loans account, your account will be deleted. This screen also contains a warning of our statutory data retention requirements and a link to our privacy policy.Please note: We are required by law to retain certain financial and transactional information for up to 7 years in accordance with Australian Privacy principles.
Please refer to our Privacy Policy for more information.
Our Loan Options
Small Loan
Apply in-store or online for up to $2,000 over a 2 to 12 month term.
Medium Loan
Apply in-store or online for between to $2,050 and $5,000* over a 4 to 24 month term.
Fee Disclosures
Our Cash Advance Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. For example, a small loan of $100 over 4 weeks has fees and charges totalling $24 (1 x $20 + 1 x $4), resulting in a total repayment of $124. Cash Advance Loans are only available in-store with a minimum loan term of 4 weeks. The minimum term is 4 weeks and a maximum of 20 weeks.
Our Small Personal Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. For example, a small loan of $1,000 over 9 months has fees and charges totalling $560 (1 x $200 + 9 x $40), resulting in a total repayment of $1,560. The minimum loan term is 2 months and a maximum of 12 months.
Our Medium Personal Loans incur a $400 establishment fee and interest at 48% per annum. For example, a medium loan of $3,000 borrowed over 1 year would equate to a total amount payable on average of $4,258 (including a $400 establishment fee). The minimum loan term is 4 months and a maximum of 24 months.
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. Loans are subject to assessment criteria and suitability. An APR (Annual Percentage Rate) does not apply to our Cash Advance Loans or Small Personal Loans. The maximum APR on our Medium Personal Loan is 144.02%.
