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Apply for Emergency Cash Loans Online or In-store 

When you need some help and time is of the essence, our emergency loans could be the right solution for you. Cash Converters has a few loans options that, upon approval, could grant you anywhere between $50 to $5,000*.  

Our responsible lending commitment means we won't lend you more than you can afford. We offer a solution most suitable for your needs and circumstances to help you deal with any emergency ASAP, all the while avoiding future financial pressures.  

Our Cash Advance loans applications are assessed in-store by our friendly staff, and once approved, could lead you to receive cash on the spot, from $50 up to $2,000. Our Personal Loans applications can be completed online within 10 minutes for any amount between $400 and $5,000*. Upon approval, the money is transferred to your account within 24 hours.  

We approved over 218,000 cash loans to Australian customers in 2021 alone, we might be able to help you.   

It’s easy to apply, simply visit the friendly team in-store or apply online. You can also give our friendly personal finance team a call, who will be happy to help with those trickier questions that are unique to your personal finance situation.

Discover our emergency Personal Loan options

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Cash Advance

Walk into a store and walk out with up to $2,000 in your pocket. Simply make repayments over 4 to 6 weeks.

Find out more

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Small Loan

Apply in-store or online for up
to $2,000 over a 2 to 12 month
term.

Find out more

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Medium Loan

Apply in-store or online for between
$2,050 and $5,000,* over a 4
to 24 month term.

Find out more

 

Personal Loan options

  Small Loan Medium Loan Cash Advance
Loan Amount $400 to $2,000 $2,050 - $5,000* $50 - $2,000
Loan Term 2 - 12 months 4 - 24 months 4 - 12 weeks
How do I apply? Apply online or in-store Apply online or in-store Apply in-store only
Method of Payment Funds transferred to your bank within 24 hours of approval Funds transferred to your bank within 24 hours of approval Cash on the spot in-store
Fees 20% establishment fee and 4% flat monthly fee $400 establishment fee* and 48% per annum 20% establishment fee and 4% flat monthly fee
  Apply Now Apply Now Find a store
 

*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.

Emergency Loan FAQs
  • What is the process to get an Emergency Cash Advance?

    1. Apply
    Visit your nearest Cash Converters store and bring along supporting documentation and mention you are interested in an instant cash loan.

    2. Check and confirm
    We’ll validate the information you’ve submitted to make sure we’re lending you the right amount and it meets your needs.

    3. Approval
    If approved, you can receive instant cash on the spot. 

    4. Repayments
    You can pay us back with manageable repayments until the loan term ends.

  • What is the process to get an Emergency Small or Medium Loan?

    1. Apply
    It takes less than 10 minutes to apply for a small cash loan online using your computer, smartphone or tablet. You can also visit your local Cashies store to apply in person and chat to one of our friendly staff members.

    2. Check and confirm
    We’ll validate the information that you have submitted to make sure we’re lending you the right amount and it meets your needs.

    3. Approval
    If approved, the cash is transferred directly to your nominated bank account.

  • What we need from you when you apply for a Personal Loan or Cash Advance

    • Access to the latest 90 days of your bank account transaction history for the account your income is deposited into (you don't need to print these out, you just need to login to your internet banking when applying online or in-store).
    • Identification details (Like a Drivers licence).
    • A current Income Statement if you receive a Centrelink payment.


    For more information view our Frequently Asked Questions.

  • How much can I borrow if I choose to apply for a Cash Advance, Small Loan or Medium Loan?

    With our Cash Advance (available in-store only), you can borrow any amount from $50 to $2,000 with a repayment term of 4 – 12 weeks.

    With our Small Loan, you can borrow any amount from $400 to $2,000 and the repayment period is 2 to 12 months.

    With our Medium Loan, you can borrow any amount from $2,050 to $5,000* with a repayment period of 4 to 24 months.

  • Who is eligible for an Emergency Cash Loan?

    1. I’m an Australian Resident
    To apply for a Personal Loan, you need to be an Australian resident. Non-resident Australians can apply for a Cash Advance loan in-store.

    2. I’m over the age of 18
    To be eligible to apply for a Cash Loan, you must be over the age of 18 years old.

    3. I’m not currently in bankruptcy or a Part 9 Debt Agreement
    If you are currently in a Part 9 Debt Agreement or currently in bankruptcy we are unable to process your loan application. However, if you have previously been in a Part 9 Debt Agreement which has been successfully discharged, we will assess your application on your current situation.

    4. What if I'm receiving Centrelink payments?
    If you are receiving Centrelink payments you could qualify for a Cash Converters loan, however your total repayments for all of your loans can't be more than 20% of your Centrelink income.

    5. I have taken out two small loans* in the last 90 days, can I still apply?
    If you have had two or more small loans within a 90 day period, you may still be eligible to apply based on affordability and your individual financial circumstances.

    *A small loan is a loan up to the value of $2,000 with a repayment period of 16 days to 1 year.

  • I think I have a bad or poor credit score, can I apply for a Personal Loan at Cash Converters?

    Our Cash Advance Loans do not take your credit history into account and won't affect your credit score.

    If you are considering applying for a Small or Medium Loan, you could still be eligible.

    Although a good credit score will improve your chances of approval, we understand that people go through rough patches in life. That’s why our loans make getting on with life possible in a lot of circumstances. Even if your credit score isn’t as high as you would like, we can still consider your application and assess it based on your current financial circumstances, as we consider a variety of factors when approving a cash loan application.

  • What can Emergency Loans be used for?

    Life is unpredictable and things don’t always go to plan. When we find ourselves in a time sensitive financial situation, Emergency Loans are great for helping with issues like: 

    • Urgent house repairs
    • Urgent car repairs or parts replacements
    • Replacing white goods or appliances
    • House bonds
    • Limited time only travel deals
    • Life events (i.e. weddings)
    • Back to school expenditures like school uniforms, books or activities
    • Medical bills or healthcare related expenses that require urgent payment
    • Vet bills
    • Other approved personal reasons

    If you wanted to find out more information about our loans, talk to our personal finance team on 13 CASH (132 274), or email them. You can also visit your local store and chat to one of the friendly team to see what they can make possible for you and help you get on with the things in life that really matter.

  • Can I get an Emergency Cash Loan if I receive Centrelink payments?

    We consider all types of income, including Centrelink income. If you are receiving Centrelink payments you could qualify for a Cash Converters loan. We will consider your application and assess it based on your current financial circumstances. However, your total repayments for all of your loans can't be more than 20% of your Centrelink income and you must meet our eligibility and lending criteria.

 

Responsible Lending

We’re responsible lenders and we want to make sure our customers are at the heart of everything we do to help find the right cash solution to make life possible.

We'll take a close look at the information and documents you provide us - including details of why you need the cash loan and how much you need to borrow, plus things like 90 days of bank statements, any existing credit card debt, and a careful assessment of your living expenses.

We do all this to ensure your cash loan is suitable, and meets your specific needs and situation to help you get on with your life.

If you have any questions about your application and how we assess, talk to one of our personal finance team members

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 maximum term is generally 6 weeks, however is flexible at the discretion of the store.

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%.