Best Title Loan Lenders Brewton, AL
1. TitleMax Title Loans
1706 Douglas Ave Brewton AL 36426
+1 251-867-7415
2. Advance America
2552 Douglas Ave Brewton AL 36426
+1 251-867-6462
3. Cash Cow
700 Douglas Ave Brewton AL 36426
(251) 867-1004
4. Nations Quick Cash
1654 Douglas Ave Brewton AL 36426
+1 251-809-6116
5. Title Cash
710 Douglas Ave Brewton AL 36426
+1 251-809-0671
6. Speedee Cash
431 Douglas Ave Brewton AL 36426
+1 251-867-7667
7. OneMain Financial
1014 Douglas Ave Brewton AL 36426
+1 251-867-5775
8. Community Loans of America
700 Douglas Ave Brewton AL 36426
+1 251-867-1004
9. Check into cash
1654 Douglas Avenue Brewton AL 36426
(251)-809-6116
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Fixed installment method
With the fixed installment method, the payment each month is fixed. But the amount going toward interest is getting smaller, while the amount going toward principal grows larger month by month.
Equal Principal and Equal Interest
The principal is divided into equally monthly amounts. And the interest each month is calculated on the total principal, which means it will not be reduced over time.
APR
An APR, short for Annual Percentage Rate, refers to a percentage that reflects the yearly cost of borrowing a loan over its term.
Finance Charge
A finance charge is the total amount of cost paid on a loan. It includes interest, fees, and other charges that are collected over its life.
- Total Principal Paid: $ 4,000.00
- Finance charge: 473.42
- APR: 36.00 %
- Total Principal Paid: $ 10,000.00
- Total Interest Paid: $327.97
- Loan term: 12 months