Same Day Loan | We Buy, We Sell, We Loan Cash

What is a Same Day loan?

A Same Day loan gives our customers access to cash. The funds are loaded onto a Cashies™ Card and will be repaid on your next salary run. So, next time an opportunity arises, or you need immediate cash, visit your nearest Cash Converters store and we’ll sort you out in no time. For a more detailed loan breakdown, click here.

How do you apply for a Same Day loan?

You must be 18+ and provide us with:

Proof of identity.
Recent payslips.
Three months’ bank statements.

(not older than three days)

Visit your nearest Cashies™ store:

Chat to our friendly consultants.
Determine your loan amount.
Funds are loaded onto your Cashies™ Card

(not a bank account)

Your loan is automatically repaid on your next salary run.

How much will a loan cost you?

This is an indicative schedule of loan costs for a 30-day loan. *Ts and Cs apply

All fees are in accordance with the National Credit Act

Loan costs may vary depending on the date the loan was taken out.
Our Same Day loan is a short-term (one-month) loan, so the ‘total amount repayable’ must be paid back to us at your next payday run.

Why take out a Same Day loan?

It’s a short-term loan

Our Same Day loan is a one-month loan, ideal for when you need immediate cash, but don’t want to fill in endless paperwork.

Safe and secure process

We are a reputable microlender that’s here to help you. All our stores are registered National Credit Providers, and our loans comply with the National Credit Act.

We offer a personal face-to-face service

The loan is concluded in-store, face-to-face.

Taking out a loan with us is an smarter way to access cash

Our friendly consultants help you through every step in the process.

We pay loans into your Cashies™ Card

Instead of transferring cash into your bank account, or giving you cash-in-hand, we’ve made it saferfor you and will load the funds onto a Cashies™ Card.

Get your free credit report from us any time

This will help you better understand your financial situation and empower you to know your status so that you can build off it and plan.

Click here for our fee disclosure

Every Cash Converters store is a registered credit provider with the National Credit Regulator. Fees are charged as per regulations to the National Credit Act, no. 34 of 2005, for short term credit transactions. An initiation fee of R165 excluding 15% VAT per credit agreement is charged, plus 10% of the amount in excess of R1 000 advanced, but never to exceed R1 050 excluding 15% VAT, and shall never be greater than 15% of the credit advanced. Interest is charged at 5% per month on the first loan, and 3% per month on subsequent loans within a calendar year. The monthly service fee of R60 excludes 15% VAT and is pro-rated for the first month.

What this means for you: we comply with the National Credit Act, so everything is ethical, legal and above board. Every time you buy something on credit, we charge an initiation fee, interest and a monthly service fee, but these amounts are fair and within set limits.