Cash Converters Personal Finance AU – review 2026
Pros
- Widely accessible through retail store network
- Government-mandated fee caps on SACC products
- Same-day in-store processing available
- ASX-listed company with public governance reporting
- Online application available as well as in-person
Cons
- Has faced ASIC regulatory action for past SACC practices
- Minimum loan of AUD 50 suitable only for very small amounts
- SACC fees represent high effective annual rates
- Maximum term of 4 months limits repayment flexibility
- In-store experience varies by franchise
Cash Converters Personal Finance Review
Cash Converters is one of Australia's most recognisable short-term lending brands, operating through both retail stores and an online application channel. Its Personal Finance product offers SACCs from AUD 50 to AUD 2,000 subject to the fee caps of the National Consumer Credit Protection Amendment Act 2013: 20% establishment fee and 4% monthly fee.
Cash Converters has faced regulatory scrutiny from ASIC in the past regarding its SACC practices and has paid infringement penalties and refunds to customers. The company has since revised its responsible lending assessment processes. All current loans are assessed under the applicable responsible lending obligations.
Requirements
- Australian citizen or permanent resident
- Minimum age 18 years
- Regular income including Centrelink subject to SACC income testing rules
- 100 points of ID required
- Active Australian bank account
Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.