Best Title Loan Lenders Russellville, AL
1. World Finance
14001 Hwy 43 Ste 5 Russellville AL 35653
+1 256-331-3504
2. Title Cash
14520 US-43 Russellville AL 35653
+1 256-332-7733
3. Alabama Gun Pawn Inc
15347 US-43 Russellville AL 35653
+1 256-332-1108
4. Russellville Financial Inc
16109 US-43 A Russellville AL 35653
+1 256-332-0709
5. CashMaster
13724 Hwy 43 Russellville AL 35653
+1 256-332-3566
6. Cash Express
14354 US-43 Russellville AL 35653
+1 256-332-7474
7. Tower Loan
318 1 Jackson Ave S Russellville AL 35653
+1 256-277-6889
8. OneMain Financial
13655 US-43 Russellville AL 35653
+1 256-332-6150
9. Titles Etc
13150 US-43 9 Russellville AL 35653
+1 256-398-8796
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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