Cash Converters – Loan Review
Amount, $500 - $3 000 ;Term, 3 - 12 months
Applying does not commit you to any agreement.
Cash Converters Personal Loans
Cash Converters is a well-known NZ brand offering short-term personal loans from $500 to $3,000 with terms from 3 to 12 months. Physical store locations around New Zealand allow in-person applications. Rates start from 49.95% p.a.
Applications can be made in-store or online. Cash Converters is known for serving customers with lower credit scores or those declined by banks. In-store applications often result in same-day access to funds.
Always review the full cost disclosure to understand the total repayment amount before proceeding.
✓ Pros
- In-store and online applications
- Accepts lower credit scores
- Same-day cash in-store
- Widely known brand
✗ Cons
- High interest rates 49.95% p.a.
- Short maximum term 12 months
- Small maximum loan $3,000
Loan Example
Example: $1,000 over 6 months at 49.95% p.a. + fees – check cashconverters.co.nz for full cost disclosure.
Loan Requirements
- ✓ NZ citizen or permanent resident
- ✓ 18 years or older
- ✓ Regular income
- ✓ NZ bank account
- ✓ Valid ID
Loan Features
- Online loans up to $3 000
- Term 3 - 12 months
Frequently Asked Questions
3 - 12 months after submitting your application.
The minimum amount at Cash Converters is $500.
Yes, Cash Converters offers an online application process. Visit their website to apply.