With flexible terms and manageable repayments, our loans can help make the things you want possible.
Our short-term loans cover any amount between $50 up to $5,000*, with a maximum term of 24 months depending on the loan type. Our short-term Cash Advance loans can be repaid in a matter of weeks, whereas short-term Small and Medium Personal Loans can be repaid over months.
Our personal loan application process is easy, whether you choose to apply online or in-store and once approved, money can be transferred to your account within 24 hours.
We approved over 264,000 cash loans for our Australian customers in 2023 alone.
Explore all our online and in-store personal loans options or apply now.
Apply in-store or online
for up to $2,000 over a
2 to 12 month term.
Apply in-store or online for
between $2,050 and $5,000*
over a 4 to 24 month term.
Walk into a store and walk out with up to $2,000 in your pocket. Simply make repayments over 4 to 20 weeks. Only available at participating stores. |
| Medium Loan | Small Loan | Cash Advance** | Line of Credit | |
|---|---|---|---|---|
| Loan Amount | $2,050 - $5,000* | $400 - $2,000 | $50 - $2,000 | $400 - $10,000 |
| Loan Term | 4 - 24 months | 2 - 12 months | 4 - 20 weeks | 18 months for up to $2,000 and 36 months for $2,000 or over |
| How do I apply? | Apply online or in-store | Apply online or in-store | Apply in-store only | Apply online or in-store |
| 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 | Funds transferred to your bank within 24 hours of approval |
| Fees | $400 establishment fee* and 48% per annum | 20% establishment fee and 4% flat monthly fee | 20% establishment fee and 4% flat monthly fee | No establishment fee and 48% per annum |
| Apply Now | Apply Now | Find a store | Apply Now | |
*Deposit into bank account up to a maximum of $4,600, due to the establishment fee being financed under MACC loan.
**Only available at participating stores.
Please see our Target Market Determination for more details.
| Medium Loan | Small Loan | |||
|---|---|---|---|---|
| Loan Amount | $2,050 - $5,000* | $400 - $2,000 | ||
| Loan Term | 4 - 24 months | 2 - 12 months | ||
| How do I apply? | Apply online or in-store | Apply online or in-store | ||
| Method of Payment |
Funds transferred to your bank within 24 hours of approval |
Funds transferred to your bank within 24 hours of approval | ||
| Fees | $400 establishment fee* and 48% per annum | 20% establishment fee and 4% flat monthly fee | ||
| Apply Now | Apply Now | |||
| Cash Advance** | Line of Credit | |||
|---|---|---|---|---|
| Loan Amount | $50 - $2,000 | $400 - $10,000 | ||
| Loan Term | 4 - 12 weeks | 18 months for up to $2,000 and 36 months for $2,000 or over | ||
| How do I apply? | Apply in-store only | Apply online or in-store | ||
| Method of Payment | On the spot cash in-store | Funds transferred to your bank within 24 hours of approval | ||
| Fees | 20% establishment fee and flat monthly fee | No establishment fee and 48% per annum | ||
| Find a store | Apply Now | |||
*Deposit into bank account up to a maximum of $4,600, due to the establishment fee being financed under MACC loan.
**Only available at participating stores.
Please see our Target Market Determination for more details.
At Cash Converters, we keep everything as uncomplicated as it possibly can be.
Here's how our loan application process works:
1. Apply
After you decide how much you want to borrow and the length of time you’d like the loan for, simply apply online using your computer, smartphone or tablet. It’s that easy and takes less than 10 minutes.
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.
For more information view our Frequently Asked Questions.
1. I’m an Australian Resident
To apply for a short-term loan, you need to be an Australian resident. Non-residents can apply for a Cash Advance loan in-store.
2. I’m over the age of 18
To be eligible to apply for a short term 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.
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.
6. What if I have existing small loans?
If you have existing small loans you could still qualify for a Cash Converters loan, however your total repayments for all your small loans can’t be more than 10% of your net income.
*A small loan is a loan up to the value of $2,000 with a repayment period of 16 days to 1 year.
A Cash Advance Loan is an instant cash loan paid back over 4-20 weeks.
With Cash Advances you can borrow any amount from $50 to $2,000 in-store and walk out with instant cash.
Short-term Personal Loans are small loans that have a longer term than a Cash Advance.
With a Short-Term Personal Loan, you can borrow $400-$5,000* and it can be repaid over 2-24 months.
With our Cash Advance (available in-store only), you can borrow any amount from $50 to $2,000 with a repayment term of 4 – 20 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.
At Cash Converters, we take our lending responsibilities seriously.
Do you want to talk to someone about your options? Visit your closest store and talk to one of our experienced staff member.
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.
A Short-Term Loan is a great quick fix when it comes to urgent, time sensitive, or unexpected bills. Sometimes, things come up last minute and a little financial help can go a long way.
While these are just a few examples, here is what short term loans are useful for:
Give us a call on 13 CASH (132 274).
Mon to Fri: 9:00am to 7:00pm AEST
Complete our online form and we'll get back to you shortly. Or, get in touch with your local store
Send us an email and we'll get back to you as soon as we can
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
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 repaid by monthly payments over 1 year would equate to a total amount payable of $4,348 (including a $400 establishment fee). The minimum loan term is 4 months and a maximum of 24 months.
Our Line of Credit product does not incur an establishment fee and interest is at 48% per annum. For example, a line of credit of $4,000 repaid by monthly payments over 3 years would equate to a total amount payable of $7,616. The maximum repayment term for a credit limit of up to $2,000 is 18 months; and the maximum repayment term for a credit limit over $2,000 is 36 months. This example has been calculated on a specified credit limit with the assumption that the debtor has drawn down the maximum amount of credit as agreed to under a contract.
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% % and the maximum APR on our Line of Credit is 48%. These calculations do not account for potential additional fees and charges, such as default charges, which may be incurred.
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