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Sep 28, 2017 - 34 minute read

Society one unsecured personal loan

It was ten years before we moved into pawnbroking because by then we were first and foremost a second-hand goods retailer. Introducing lending. Whenever we bring a new product to the country, we go to the international network first to see what society one unsecured personal loan doing and how its working.

Looking to the primary income stream of international stores, in 2004 we began offering pawnbroking services and by 2007 the National Credit Act (NCA) allowed us to get more heavily into lending.

The landing of the global recession in 2008 exacerbated banks lending reluctance and demonstrated our brand was recession-proof: We provide access to cash, and the more difficult it is to get bank loans, the more business we get. Cash Converters offers a number of micro-lending products: Pawnbroking and payday advances (PDAs), which are reflected in the store-level model.

Society one unsecured personal loan

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Society one unsecured personal loan

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