Best Title Loan Lenders Maywood, CA
1. ACE Cash Express
4457 Slauson Ave Maywood CA 90270
+1 323-771-1801
2. Montana Capital Bad Credit Loans
4226 Slauson Ave Maywood CA 90270
+1 323-431-5661
3. Family Car Title Loans
4420 Slauson Ave Maywood CA 90270
+1 323-433-5585
4. Car Title Loans California
3436 Slauson Ave Maywood CA 90270
+1 213-221-8146
5. Xpress Title Loans
5501-5599 Fishburn Ave Maywood CA 90270
+1 213-205-3852
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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