Best Title Loan Lenders El Segundo, CA
1. Matt Goeglein
500 Maryland St El Segundo CA 90245
+1 310-293-0784
2. Swift Title Loans El Segundo
290 E Grand Ave El Segundo CA 90245
+1 310-742-9536
3. El Segundo Auto Title Loans Solutions
460 N Sepulveda Blvd 45 El Segundo CA 90245
+1 310-564-4733
4. Collateral Finance Corporation
2121 Rosecrans Ave 6301 El Segundo CA 90245
+1 800-232-5767
5. Monique Peace – American Capital Corporation
2245 Campus Dr El Segundo CA 90245
(310) 476-7931
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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