We are a reputable microlender
More cash, less paperwork
Do you need access to cash? At Cash Converters, we buy, we sell and we loan cash ― with less paperwork than traditional lenders. We provide access to cash, to anyone, anywhere, anytime. We are the alternate option – and we aim to be the first and best choice for our customers’ short-term needs.
Get money safely and easily
We offer two different short-term loans ― a Cash Advance, which gives you a 1-month loan against the things you own and a Payday Loan, which is a 1-month loan of up to R4 000. All of our loans are paid onto your Cashies™ Card (not into a bank account), making it safer and more convenient for you than carrying around cash – and it can be used at all of our stores. Best of all? The monetary value on the card never expires.
Opting for a reputable microlender
It seems that short-term loans are on the rise. According to the Consumer Credit Market Report, which is issued by the National Credit Regulator, between Quarter 1 (1 January to 31 March) and Quarter 2 (1 April to 30 June) of 2022, short-term credit showed a quarter-on-quarter increase of 9.87% from R1.99 billion to R2.19 billion. The rand value of short-term credit increased by R196.68 million (9.87%) over the same period. What this means for you is that access to cash is easier than ever before – especially when you choose a reputable microlender. To work out if a company is a reputable microlender or a loan shark, read this useful document from MicroFinance South Africa. OR to learn more about credit and if a company is a reputable microlender, or a loan shark, click here.
Why choose us?
- Safe and secure process
- We offer a personal face-to-face service
- All fees are in accordance with the National Credit Act
- Get your free credit report from us at any time
For more information about our loans, click here
