Small Loans

We have a cash loan solution that's right for you.

We have cash loans for all kinds of purposes, and all kinds of people, even if you have a history of bad credit. Whether it's a Cash Advance loan to pay school fees or a Personal Loan to fix your car, we can help.

If you're confused about all the different types of short-term loans, we've explained each loan type in the easiest terms possible on our Cash Loans website.

Need A Cash Loan?

We have a cash loan solution that's right for you.

Apply Now

Cash Advance Loan

Cash Advance loans are short-term cash loan options that are usually for smaller amounts of cash compared to other loans. A Cash Converters Cash Advance loan usually:

  • ranges from as little as $50 to $2,000
  • is repaid over four to six weeks
  • apply instore only 

To apply for a Cash Advance loan, visit your nearest store

Personal Loan

Personal Loans are loans that are larger amounts of money borrowed for personal use, but not as large as a mortgage.

A Cash Converters Small Personal Loan usually:

  • starts from $400 goes up to $2,000
  • is repaid over 12 months
  • apply online or instore

A Cash Converters Medium Personal Loan usually:

  • starts from $2,050 to $5,000*
  • is repaid over 12 months
  • apply online or instore

Once approved, the funds for your Personal Loan will be in your account at some point during the next business day.

Who is eligible for a cash loan?

You are eligible to apply for a cash loan if you are over 18 and residing in Australia. Whether you’re in-store or online, we assess each application in person so you may still be able to get a loan, even if you have a less than perfect credit history.

*Deposit into bank account up to a maximum of $4,600, due to the establishment fee being financed under MACC loan.

Fee Disclosures

Our Small Personal Loans incur an Establishment Fee of 20% of the amount borrowed and a monthly fee of 4% of the amount borrowed. Our Medium Personal Loans incur an Establishment Fee of $400 and an Annual Cost Rate of 48%. For example, a Small Personal Loan of $1000 over 12 months has fees and charges totaling $680 (1x $200 + 12 x $40) therefore a total repayment of $1680. The maximum Annual Percentage Rate for our Small Personal Loan is 156.1%. Our maximum and minimum loan term is 12 months and repayments can be weekly, fortnightly or monthly. Loans can be settled early with no penalty and monthly 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.