Cash Converters

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Cash Converters International Limited

Type	Public
Founded	1984 in Perth, Western Australia
Headquarters
Industry	Retail
Website	www.cashconverters.com

Cash Converters International Limited is a world-wide franchise company that specialises in stores that buy and sell second-hand goods and offer loans to people.

This company began in Perth, Western Australia, in 1984. It was founded by Brian Cumins and a group of partners. In four years, the partners were operating seven separate outlets in the Perth area under a variety of trading fascias. Having proved the concept, the partners converted all seven outlets overnight to a prototype of the current Cash Converters style.

Recently, the United Kingdom division launched an eBay-style auction site, using selected branch stock, which also carry warranties, unlike the more established site.

In the UK and Australia, Cash Converters has a reputation for acting as a 'fence' for stolen goods.^{[citation needed]}

Similar problems exist in the USA, with operations in Virginia, Pensylvania and Florida being identified by law enforcement as encouraging theft by way of buying stolen goods. Larger issues have arisen through questionable business practices of company officials.^{[citation needed]}