In 2012, the market was between 800 million and 1 billion. Cash Converters said it had signed a new facility to replace its bank funding, with Fortress Investment Group. A government review into the sector was due to make its recommendations this month. Cash Converters reported a 15.

9 million profit for the first half of the financial year; up from a 5. 3 million loss banks do personal loans December 2014. It will pay a fully franked dividend of 2¢ a share.

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Banks do personal loans