Not all consumers will qualify for a loan or for the maximum loan amount. Terms and conditions apply. Loans should be used for short-term financial needs only, and not as a long-term solution. Customers with credit difficulties should seek credit counseling. ACE Cash Express, Inc. is licensed by the Department of Business Oversight pursuant to Financial Code Section 23005(a) of the California Deferred Deposit Transaction Law. Certain loans in California are made or arranged pursuant to A1 cash advance greenwood of Business Oversight California Financing Law.
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Internationally, Cash Converters is primarily a pawnbroker for secured money lending, then a buyer and seller of second-hand goods. In South Africa there were no laws governing pawn-broking and everyone did what they wanted it was the wild west out there.
So when we launched the franchise in 1994 we wanted to position the business in a new, credible light and build a brand where mainstream people could come shopping, which meant we had to take it out of the seedy pawnbroking industry, says Richard Mukheibir, master franchisor and MD of Cash Converters. Fortunately, the Cash A1 cash advance greenwood franchisors are an accommodating lot and accepted that a certain level of customisation was needed to make the brand work in South Africa.
We went against the international trend of starting with pawnbroking and instead started with trading second-hand goods only. It was ten years before we moved into pawnbroking because by then we were first and foremost a second-hand goods retailer.
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