Best Title Loan Lenders Green Forest, AR
1. R-N-D Gun and Pawn LLC
5827 Highway 62 West Green Forest AR 72638
+1 870-438-5278
2. Anstaff Bank
100 1st National Ave Green Forest AR 72638
+1 870-438-5214
3. Farm Credit of Western Arkansas – Green Forest
5424 Hwy 62 E Green Forest AR 72638
+1 870-438-4358
4. First National Bank of North Arkansas
604 W Main St Green Forest AR 72638
+1 870-423-6601
5. Equity Bank ATM
908 W Main St Green Forest AR 72638
+1 888-733-5041
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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