Cash Converters UK has more than 200 stores throughout the country, with loan products ranging from payday loans to personal loans and pawnbrokering.
The brand is part of a global group of companies, founded in 1984, operating in 21 countries around the world, with more than 630 stores.
In the UK, they have emphasized expansion through franchisees, with 3/4 of the locations today being franchisee owned, with the rest owned by the company itself.
At the core of their business model is buying and selling used goods, traditional retail, but over time, they have started to provide a wide range of personal finance services.
Among the more popular of their personal finance products are...
The payday advances the firm offers are a form of short-term, small-amount loans, intended for emergencies and unexpected expenses, and carry very high borrowing costs (as measured by annual percentage rates (APRs) of interest).
This is why these products are unsuitable as long-term financial solutions.
research suggests that people use these loans for many types of
unexpected shortfalls in personal finances, such as emergency cash for car repairs.
At the store, you can borrow amounts from £10 to £600, depending on the information you provide on the application, with repayment schedule that will suit your needs, either weekly, fortnightly, or monthly.
There are some basic requirements for you to be qualified to apply for a payday loan from the service, including (from the company website's FAQ section) that...
To visit your nearest payday lending store from the company, you can use their "Store Locator" tool, available from the official website.
Cash advances should be used for short-term financial needs only, not as a long-term financial solution.
| Terms & Conditions | Copyright 2012 © Vippi-opas.com