Best Title Loan Lenders Cabot, AR
1. Cabot Title Co Inc
16 Ryeland Dr Cabot AR 72023
+1 501-843-1881
2. Arkansas Federal Credit Union
100 S Rockwood Dr Cabot AR 72023
+1 501-982-1000
3. Cabot Pawn Shop
705 W Main St Cabot AR 72023
+1 501-843-5758
4. Waco Title Company
2800 S 2nd St Cabot AR 72023
+1 501-422-5040
5. Lenders Title
203 Westport Dr Suite A Cabot AR 72023
+1 501-843-2128
6. County Line Pawn
3585 hwy 367 south Cabot AR 72023
+1 501-941-7300
7. Simmons Bank
202 S Rockwood Dr Cabot AR 72023
+1 501-628-5353
8. First Community Bank- Cabot
3084 Bill Foster Memorial Hwy W Cabot AR 72023
+1 501-605-1671
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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