Who Are Cash Stop?
Cash Stop is a financial services provider in Australia, specialising in short-term cash loans designed to address immediate financial needs. With loan amounts available up to $4,600, they offer a range of services including online cheque cashing, currency exchange, pawn broking, and jewellery loans. Their quick and straightforward loan assessment process ensures approved funds can be transferred within 30 minutes, providing timely support for urgent expenses such as medical costs or bill payments. Whether accessed online or at one of their branches, Cash Stop aims to provide solutions for short-term financial challenges with speed and reliability.
What Products and Services Does Cash Stop Offer?
Cash Stop provides an extensive array of financial products and services to cater to diverse customer needs. Their offerings include online loans for convenient access to funds, alongside services like pawn broking , where customers can buy, sell, or secure loans against valuable items such as gold, jewellery, and electronic goods. With a Gold Best Price Guarantee , Cash Stop ensures competitive rates for gold transactions. Additionally, customers can purchase items through lay-by arrangements or browse their selection of goods via their eBay store.
Other notable services include small loans , a cheque cashing service , and foreign currency exchange , making Cash Stop a one-stop solution for various financial requirements. These offerings underline their commitment to providing accessible and practical financial support.
Why Choose Cash Stop?
With over 22 years of experience, Cash Stop has been a reliable source of quick financial assistance since 2000. Known for their fast and efficient processes, they provide a seamless experience from loan application to approval, ensuring that funds are available when they're most needed.
Cash Stop has built a reputation as a long-established and responsible credit services provider. Customers can count on real, personalised support from their team, making it easier to address urgent financial situations with confidence. Their dedication to offering trustworthy and accessible services sets them apart in the financial services industry.
How Do Small Loans from Cash Stop Work?
Cash Stop offers small loans designed to address urgent personal expenses such as unexpected bills, medical emergencies, or even holiday funds. These loans, also known as payday loans, provide quick access to cash with fixed fees and flexible repayment options. Loan amounts are deposited directly into your bank account or can be collected in cash at a Cash Stop branch, ensuring convenience and accessibility.
Applying for a small loan is straightforward and inclusive. Cash Stop considers a wide range of financial circumstances, including applicants with poor credit histories or those receiving Centrelink income. The process requires basic documentation, including proof of income, bank statements, and identity verification. Applications can be completed online for a hassle-free and paperless experience, or in-store for a more personal approach.
With l oan amounts available up to $2,000 and same-day funding in most cases, Cash Stop’s small loans provide an efficient solution to meet short-term financial needs.
Can I Get a Small Loan with Bad Credit?
Yes, you can. Cash Stop takes a comprehensive approach to evaluating loan applications, considering your current financial situation rather than focusing solely on your credit history . This inclusive process allows individuals with poor credit to access loan amounts that are appropriate for their circumstances.
By assessing factors such as your income, expenses, and ability to repay, Cash Stop ensures that their small loans remain a practical and manageable solution, even for those with less-than-perfect credit scores.
Example of a Cash Stop Loan
Cash Stop's Fast Cash Loans are structured with a 20% establishment fee and a 4% monthly fee, calculated based on the borrowed amount. For instance, borrowing $1,000 over a 6-month term would result in total fees and charges amounting to $440. This includes a one-time $200 establishment fee and $40 monthly fees over six months. The total repayment for this loan would be $1,440.
Loan terms range from a minimum of 2 months to a maximum of 12 months. It's important to note that an Annual Percentage Rate (APR) does not apply to Fast Cash Loans.
Important Warning: The comparison rate provided applies only to the given example. Varying loan amounts and terms will result in different comparison rates. Additional costs, such as redraw or early repayment fees, as well as potential cost savings like fee waivers, are not included in the comparison rate but may affect the overall cost of the loan.