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Does Cash Converters Offer Unsecured Loan? Terms, Requirements and Contact Numbers

     If you need an unsecured loan to get a little financial help, you have Cash Converters as a great alternative. After reading this article, you’ll be fully informed about this lending entity’s loan options, requirements and terms. Also, towards the end, I’ll show you the ways Cash Converters has for clients to get in contact with them and, enjoy the service.

    Cash Converters is a company originally from Australia that started working in South Africa in 1994. Since then, they’ve grown to have many branches in the country. They offer their borrowers short term unsecured loans options I’ll explain now.  

How does Cash Converters work?

    As regards unsecured loans, you have two options. One of them is the Sunny Day 1 / 2 / 3 mini-loan that allows applicants to request up to R2000. In this case, you’ll pay it back over three months. When you apply and, once you submit all the information they ask, it will take Cash Converters between 24 and 48 hours to decide on the approval of the loan. This option can work for those who need little money to repay over three pay days.

    The other option is to take a Sunny Day PayDay Advance mini-loan. If you go for this alternative, you can ask from R400 to R4000 and, the repayment date to cancel the loan would be your next pay day. There’s a difference with the previous loan and, this is that while Cash Converters needs 2 days to approve the request for a Sunny Day 1 / 2 / 3, they can approve your PayDay Advance in no more than 30 minutes.

Cash Converters Requirements

For any of these two options you choose, you need to comply with the following requirements:

                    1- Applicants are required to be South Africans.

                    2- They need to be employed in a permanent way.

                    3- They should receive their salary electronically.

                    4- They also must have a mobile number.

Besides, you’ll be asked to present the company the following documents:

                    a- To verify your identity you can submit your driver’s license, SA ID or, passport for example.

                    b- You can use a utility bill or lease agreement in order to prove your residence.

                    c- Cash Converters will need your bank statements from the previous 3 months.

                    d- As they need to know for sure that you are employed, they need you to submit your last payslip.

                    e- Finally, they need some contact information like, your mobile number and two more alternative contacts.

Cash Converters Rates

    I must start by telling you that this entity works under the Regulations stated by the National Credit Act so, you can be sure Cash Converters is a trustful company. Now, let’s go over the rates and fees you’ll have to pay. There’s a monthly service fee to pay of R60 that doesn’t include 15% VAT. Besides, you’ll have to pay R165 for the initiation fee to which it will be added a 10% if the amount goes beyond R1000. At last, when you are a first time applicant, you’ll be charged 5% of interest each month but, if you take subsequent loans, the interest would be 3%.

How to apply for a loan with Cash Converters?

    To take a loan, find one of their branches and, visit them so as to discuss your options. Next, you’ll be asked to complete the application form with your information and the proper documents. Once Cash Converters approves your loan request, you’ll receive the funds and, repay it on the date stated.

How to contact Cash Converters?

    I’ll refer to the contact information from Cash Converters. You’ll find a great variety of methods to reach them so; you’ll just have to choose the one that’s better for you.

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    You can get in contact with the Customer Care Service over the phone, 87 820 4010 or, trough this email address: Pay attention to the following working hours to know when you’ll find cash Converters’ assistants available. They work between Monday and Friday from 8 am to 5 pm and, on Saturdays from 9 am to 12:30 pm.

Cash Converters Addresses

Following, I’ll provide you with some useful Cash Converters addresses

    First of all, let’s see where is placed the Head Office in South Africa. You’ll find it in the province of Gauteng directing to the suburb of Vorna Valley in Midrand. It’s at 22 Mac-Mac Road at Waterfall Park. They also have a postal address for the Head Office in the suburb of Halfway House. The complete address is Private Bag X007, Halfway House suburb, Midrand 1685, Gauteng.

    Apart from the Head Office, Cash Converters has many branches you can find around South Africa. I’ll name some of the ones you can find in Pretoria.

    If you live in Queenswood, you can direct to Southpansberg Road and Stead Avenue Corner and look for shop 6 in Queens Corner Shopping Centre or, you can email them to Another branch is found in the corner of Lois Ave and Garstfontein Road at Menlyn Retail Park and, its email address is A third option is at 130 Van Rensburg Street in Mayville Mall and the email is Also, there’s a Cash Converters location at Glen Village Shopping Centre which is placed at Skukuza Street shop 39 and, you can write them to

    Having all this information at hand will be helpful when you decide to apply with Cash Converters. Whether you need it today or, to be ready for an unexpected event, you are now set for your loan.

To finish, I’ll leave this chart with all Cash Converters Information packed:

What’s the Quote?

Maximum of R4000

Head Office Address

22 Mac-Mac Road, Waterfall Park, Vorna Valley, Midrand 1686 in Gauteng

Contact Number

87 820 4060

Interest Rate

5% for first-time borrowers.

Email Address


Citizen from South Africa, have a regular job, mobile phone.

Working Hours

Weekdays from 8 am to 5 pm, Saturdays from 9 am to 12:30 pm.

Leave your questions or comments


Questions and Answers

Can I apply if I don't have a job?
Only if you take a Cash Advance against the value of an item of your possession.
Can I apply from Durban?
Yes, there are some branches there.
Do they offer Home Loans?
No, they only have short term loans.

Leave your rating about Does Cash Converters Offer Unsecured Loan? Terms, Requirements and Contact Numbers

(4,00) / 3 Ratings

Rating: 3
Comment: Up to R4000 till the next pay day.
Rating: 4
Comment: You can get the money in less than 2 days!
Rating: 5
Comment: Great info!

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