Are you tired of the complex procedures of applying for a loan? With Cash Crusaders you can skip these tiresome and lengthy protocols and formalities. Moreover, it offers short-term payday loans.
If you want money for your much-needed vacation or to buy your favorite gadget, you can easily get a loan from Cash Crusaders. Likewise, it offers pawn loans and gives you easy access to cash to help you immediately. Furthermore, you must return the money in a short amount of time.
About Cash Crusaders Loan
Cash Crusaders is famous for its various services in South Africa, one of which is lending payday loans. If you want some cash in an emergency, you can always rely on Cash Crusaders. Moreover, you give them something valuable to hold till you return the money.
As established earlier, it is a payday loan which means it is a short-term loan. Therefore, once you get the loan money you will have to return it within 30 days of borrowing it. Furthermore, there is a certain amount of interest that must be given back along with the borrowed money.
How Does Cash Crusaders Loan Work?
Cash Crusaders loan works based on a pawn loan. To further explain it, let’s learn how you can take a cash Crusaders loan.
- First, you have to take a valuable item like jewelry to the nearest branch.
- Next, they will analyze the item and its worth.
- Then, they compare the amount of money that you want to borrow with the worth of the item.
- The next step is to make an offer, they will tell you the amount they can lend you. Moreover, if you agree you will sign a terms and conditions paper and give them the asset.
- Finally, withdraw the loan money from the bank but do not forget to return it within 10 days.
Cash Crusaders Loan Eligibility
There are very few simple conditions for the cash Crusaders’ eligibility. You must fulfill all of them to qualify for the loan. Check out the following eligibility criteria before applying for this loan.
- You must be 21 or more years old.
- You must own a valuable object. Identify the worth of the object before applying for the loan. However, if it is a gadget or an appliance, it must be in working condition, otherwise, it will not be accepted as a pawn. Following are a few of the items you can put down for a loan at the Cash Crusaders.
- Musical instruments
- Mobile phones
Cash Crusaders Benefits
There are many benefits to using the services of Cash Crusaders. For instance, the following are a few of the standout benefits of Cash Crusaders;
- Immediate access to cash
- Best to rely on during emergencies
- Branch availability all across South Africa
- Valuables will not be damaged
- Low-interest rates comparatively
What Happens if the Money is Not Returned?
The company wants its money back within 30 days of letting you borrow it. Therefore, it is crucial to consider the fact that if you are not able to return it you will be at a great loss. So analyze your expenses and income to ensure that you will be able to return the borrowed money at the end of the month.
Additionally, if you are not able to return the money, Cash Crusaders will keep your valuable item. Because you signed the terms and conditions so you will not be able to do anything about it. Moreover, they will sell the object to pay back the loan and keep the rest of the money, if there is any.
How Much Cash Crusaders Loan Do I Qualify for?
The answer to this question depends solely on the worth of the pawned object. So, if you give them a valuable object, you can get a good amount of money as a loan because the company will not be at risk in case you can’t afford to pay them back. Likewise, if the object is not expensive you can get a small amount of money.
However, please request a loan after considering your income. Because you can take a big amount of money as a loan by pawning a valuable object but if you cannot pay it back, you must say goodbye to your item.
Can I pawn my mobile phone without a charger at Cash Crusaders?
Yes, you can pawn your mobile phone with Cash Crusaders for a short-term loan. However, you must prove that the mobile phone is working and in good condition.
In short, the Cash Crusaders Loan work like a pawn shop, you must put down a valuable object as collateral for taking short-term payday loans. Moreover, it has a small interest rate and must be paid back within 30 days to retrieve the object.