Payday Loan

Get a Cash Converters Payday Loan against your salary.

Why choose a Payday Loan?

It’s a safe and secure process
You walk out with cash
You get a loan against your salary
Loans can be paid onto a Cashies Card™
The loan complies with the National Credit Act, ensuring ethical and legal loan practices

Things you need for a Payday Loan

You must be a South African citizen

You must be 18 years of age or older

Proof of South African identity (one of the following)

Green bar-coded ID
(South African)
Smartcard ID (South African)
Driver’s licence (South African)
Passport
(Foreign or South African)

Your most recent payslip

You must be permanently employed

Your last three months’ bank statements – which can’t be older than four days

Allow Cash Converters to confirm applicant’s employment during office hours

Be registered for cellphone banking; and the associated number needs to be linked to the account

Ensure your salary is paid electronically into your bank account – and you are the main bank account holder

Proof of residence

Utility bill,
Account, or
Lease agreement

Contact details

Your mobile number, plus contact details of two additional friends or family members
Be in possession of a RICA registered mobile number
This mobile number must match the number registered to your cellphone banking profile

How it works

Visit your nearest Cashies store