Cash Advance loan – what happens to my items?

Thinking about taking out a loan is a big step. You need to make sure that you are comfortable with the company you are approaching (that they are legal an ethical); and that they are trustworthy (that everything they do is above board). Cash Converters is all of these things. With 40 years of success globally and 30 years in Southern Africa, we have firmly established ourselves as trustworthy microlenders for people who need access to instant cash.

Why take a Cash Advance loan with us? 

The biggest reason to choose our Cash Advance is because it is safe, as all our loans are conducted face-to-face in-store. All our stores are registered National Credit Providers, and our loans comply with the National Credit Act. Our Cash Advance loans are also ideal for people who need immediate cash, but don’t want to wait in long queues, fill out piles of paperwork or sell any of their items.

How does the process work?

A Cash Advance is a secure way of bringing us your items and walking out with cash. Just bring your items to your favourite Cash Converters store, along with your proof of identity, chat to one of our friendly consultants, who will assess your items, negotiate a price with you and give you cash. You have up to one month to make your repayment and when you do, your goods are returned to you. It’s that simple.

Will my items be safe?

Yes. Once we have given you cash for your items, we keep your items in a safe and secure place until you have repaid the loan amount and interest. As our Cash Advance is a short-term loan, you have one month to repay this total amount. The amount that you get for your item depends on things like the working condition and if you have the original packaging, just to name a few.

To find out more about our Cash Advance loan, click here.

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