Cash Stop

Cash Stop, fast loans and financial services in Australia

Cash Stop is an Australian financial services provider operating under the business name Cash Stop Financial Services, with ABN 66 091 194 786 and Australian Credit Licence 389 433. The company presents itself as a provider of responsible credit services and serves customers both online and through physical branches. Its main offering is short-term cash loans, although it also offers other financial and pawnbroking solutions.

Online and in-branch loans

The company offers online loans from $200 to $8,000, with fast approval and, in most cases, same-day funding. According to the information published, loan assessment is fast and efficient, and funds can be transferred within 30 minutes of approval. The online application process is free of charge and is designed to be completed from home or the office. In addition to the digital channel, customers can visit a branch to apply for a cash loan with personal service.

The company describes a cash loan as money borrowed until payday and repaid with an added fee. It is intended to cover one-off needs, such as bills or urgent medical costs for children, until the next income arrives.

Loan terms and costs

Cash Stop's fast loans charge a 20% establishment fee and a 4% monthly fee on the amount borrowed. The minimum term is 2 months and the maximum is 12 months. The company states that an annual percentage rate (APR) does not apply to these loans. The website includes cost examples: a $1,000 loan over 6 months generates $440 in fees and charges (1 x $200 + 6 x $40), with a total repayment of $1,440. Other combinations are also shown, such as $500 over 3 months with $220 in costs and $720 repayment, or $2,000 over 6 months with $880 in costs and $2,880 repayment. The entity warns that the comparison rate applies only to the examples given and that different amounts and terms result in different rates.

Pawnbroking of gold, jewellery and electronic goods

In addition to loans, Cash Stop offers pawnbroking services including buying, selling and lending against gold and jewellery. The company advertises a best price guarantee for gold and also accepts electronic goods through purchase and a lay-by system. It also has an eBay store for selling these products.

Other financial services

The company completes its catalogue with online cheque cashing, foreign currency exchange and small loans. These services are added to short-term loans and pawnbroking, forming an offering aimed at people who need immediate liquidity or one-off cash solutions.

Presence and track record

Cash Stop states it has been offering online loans, cash advances and other sources of fast cash for more than 25 years, with activity since 2000. The company states it serves hundreds of people every week and presents itself as an established, trusted and responsible credit provider, with access to real human assistance. Its branch network is spread across the states of Victoria, New South Wales and Queensland.