Best Title Loan Lenders Monrovia, CA
1. Monrovia Financial Center
412 W Foothill Blvd Monrovia CA 91016
(626) 358-3910
2. Neighborhood Pawn
619 S Myrtle Ave Monrovia CA 91016
+1 626-358-2114
3. Banner Bank
404 E Huntington Dr Monrovia CA 91016
+1 626-357-9611
4. Bradbury Title Loans Solutions
729 E Huntington Dr Monrovia CA 91016
+1 626-386-8476
5. Xpress Title Loans
698 Park Rose Ave Monrovia CA 91016
+1 626-406-2308
6. Auto Title Loans Duarte Ltd
141 E Colorado Blvd 41 Monrovia CA 91016
+1 626-213-2188
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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