What is a Personal Loan?
Personal loans are generally larger loans that are paid back over a longer period than our shorter term, small amount Cash Advance loan.
How much can I borrow?
With a Cash Converters small personal loan, you can borrow anything from $400 to $2,000. With a Cash Converters medium personal loan, you can borrow from $2,050 up to $5,000*.
What is the repayment period for a Personal Loan?
Our Personal Loan’s default repayment term is 9 months (though flexible loan terms may be available upon assessment).
How do I apply for a Personal Loan?
You can apply for a personal loan easily online, and your application will be assessed by a person and not a computer.
As a responsible lender, we'll take a close look at the information you provide us. This is to make sure that the personal loan meets your needs and that we won't lend you more than you can afford to repay.
How long does it take?
It only takes around five minutes to apply for our Personal Loans.
Applications are generally processed the same day they're submitted but can take up to 48 hours to process. As soon as your Personal Loan application is approved – and as soon as you have signed your electronic loan contract – we'll put the cash in your bank account by the next business day.
So what are you waiting for? Apply for your personal loan right here, right now.