Benefits of a loan against your salary
Have you ever heard of a loan against your salary? Regardless of if you answered yes or no, you have come to the right place! Cash Converters offers two loan products; an unsecured and secured loan. A loan against your salary – an unsecured loan, is part of our product suite. As fully compliant micro-lenders, our Cashies™ loan requires the completion of an affordability assessment as well as a credit check. There is also a limit to how much you can borrow.
The Cashies™ loan product was introduced to the market after we saw a need from financially savvy business professionals who needed assistance from time to time. The customer who gets a loan against their salary can carry out their financial responsibilities without breaking the bank.
Here are the benefits:
1. It’s safe and secure
Our Cashies™ loan is safe and secure. Our friendly consultants in our Personal Finance Centre are always waiting to discuss your personal loan needs and assist with your application.
2. Streamlined requirements and efficient process
Applying for a Cashies™ loan is streamlined and efficient. All you need is to:
- Be at least 18 years of age
- Have a South African-issued proof of identity
- Have a regular source of income or job
- Have an active bank account
- Be registered for cell phone banking
- Have permanent residence
- Have a mobile phone
3. Cash is loaded on a Cashies™ card
Apart from the safety and security against theft during the Covid-19 pandemic, Cash Converters ensures you receive your loan without handling cash – using our Cashies™ card. The card is a Visa debit card linked to an eWallet. Click here to read up more on how it works.
Enter our R100 000 cash prize competition.
This month, we are giving away R100 000, in instant cash, to ONE customer who takes out a Cashies™ loan of any value between 1 and 30 September 2020. All you have to do is visit our Personal Finance Centre and chat to our friendly consultants!
The winner will be announced on 5 October 2020. Please note that Ts and Cs do apply – please click here.