Best Title Loan Lenders Lynwood, CA
1. TitleMax Title Loans
3837 Martin Luther King Jr Blvd Suite 101 Lynwood CA 90262
+1 323-606-7443
2. ACE Cash Express
11098 Atlantic Ave Ste B Lynwood CA 90262
+1 310-631-8626
3. ACE Cash Express
3797 Martin Luther King Jr Blvd Lynwood CA 90262
+1 310-762-1735
4. Amor Pawn Shop
10525 Long Beach Blvd 2570 Lynwood CA 90262
+1 323-564-1500
5. TFC Title Loans – Lynwood
11701 Long Beach Blvd Lynwood CA 90262
(844) 242-3543
6. Affirm Car Title Loans
11330 Long Beach Blvd Ste 101 Lynwood CA 90262
+1 213-531-5564
7. Lynwood Title Loans
11304 Alameda St 1 Lynwood CA 90262
+1 424-377-6720
8. 5 Star Car Title Loans
10118 Long Beach Blvd Lynwood CA 90262
+1 323-736-4386
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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