Do Cash Converters do personal loans?

Posted on August 10, 2019
by Yunus Cook
August 10, 2019
0 comments

Do Cash Converters do personal loans?

At Cash Converters, we make it possible to deal with life’s unexpected expenses like car repairs, a vet bill or both because some months are just like that. With our small personal loans, you can borrow up to $2,000 with manageable repayments over 2 to 12 months.

How much can you borrow from Cash Converters?

How much cash can you borrow? Our Cash Advance loans range from $50 to $2000 and are typically repaid over a short period around 4 – 6 weeks (though flexible loan terms may be available upon assessment). The exact amount you can borrow always depends on your needs, your income and the financial commitments you have.

How much do Cash Converters pay?

The average Cash Converters salary ranges from approximately £23,485 per year for a Personal Finance Advisor to £27,438 per year for a Store Manager. The average Cash Converters hourly pay ranges from approximately £10 per hour for a Sales Assistant to £10 per hour for a Sales Assistant.

Can you get a Cash Converters loan with bad credit?

Can I apply if I have a bad credit history? Yes, you are still eligible to apply. Credit history only forms one part of the applications process and other information, such as employment and expenses, is also considered as part of the assessment.

What happens if I don’t pay my cash converters loan?

What happens if I don’t pay the loan back? If you don’t make your monthly interest payments or respond to contact from us, we will keep your item in lieu of loan repayment. You won’t be contacted by debt collectors and your credit rating won’t be affected.

Do Cash Converters give cash straight away?

Visit your local store and we’ll value your item and give you a fair price based on its age, condition and appeal and you’ll get your money straight away.

How do Cash Converters loans work?

How does a pawnbroking loan work? You can take out a Pawnbroking loan with us by using an item of value you own as security. We will hold your item and charge a monthly interest rate on the money you borrow. When you pay off the loan amount and any interest owing, you get your item back.

Do Cash Converters do payday loans?

We only offer Cash Advance loans in-store, so you’ll need to pop by your local Cash Converters or call our friendly personal finance team to find out what we can make possible for you. Explore all our online personal loans and in-store options, including pawnbroking loans, a small personal loan or medium personal loan.

How does Cash Converters make money?

As well as buying and selling items, Cash Converters also provides cash loans. Its short-term loans attract a fixed charge of $35 per every $100. The general manager of Cash Converters in Australia, Ian Day, says what customers do with the money it gives them is their choice.

How do I get a $1000 loan from Centrelink?

If you want one, you’ll need to apply. You can do this using your Centrelink online account through myGov. Applying for the loan is voluntary. If you’re eligible for the loan, you’ll be paid twice a year after 1 January and 1 July.

How long does a Cash Converters loan take to go into your account?

Whether it’s done online or in-store, your loan application will be reviewed within 24 hours after all necessary documents are provided. Once your loan application has been approved, funds are deposited straight to your bank account in as little as 24 to 48 hours.

How do I get my money from Cash Converters?

Visit your local store and we’ll value your item and give you a fair price based on its age, condition and appeal and you’ll get your money straight away. What do I need to sell items to Cash Converters? 1. You must be over 18 years of age.

How can I get a loan from Cash Converters?

That’s why Cash Converters has a range of short-term cash loans online and in-store to suit you. Browse our quick online loan options including personal loans and car finance or visit a storeto secure a short-term loan through pawnbroking. Apply online Find your local store Our online and in-store loan options Personal Loans

What are the fees for a cash advance loan?

Fee Disclosures Our Cash Advance Loansincur 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.

How much money can you put into Cash Converters?

As well as being listed on the Australian Stock Exchange (CCV), Cash Converters is worldwide. For more information visit the Cash Converters International website. *Deposit into bank account up to a maximum of $4,600, due to the establishment fee being financed under MACC loan.