Best Title Loan Lenders Conway, AR
1. Braswell Son Pawn Brokers
244 Oak St Conway AR 72032
(501) 328-2114
2. Waco Title Company
701 Locust St Conway AR 72034
+1 501-327-5803
3. Faulkner County Title
711 Locust St Conway AR 72034
+1 501-327-6723
4. Bank of America (with Drive-thru ATM)
2150 Harkrider St Conway AR 72032
+1 501-764-3211
5. Arvest Bank
2850 College Ave Conway AR 72034
(501) 513-4510
6. Lenders Title
1301 Main St Conway AR 72034
+1 501-327-6811
7. US Bank Branch
1122 Van Ronkle St Conway AR 72032
+1 501-327-7771
8. Outdoor Finance Co
2415 Prince St Conway AR 72034
+1 501-548-0228
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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