Best Title Loan Lenders Northridge, CA
1. ACE Cash Express
8715 Corbin Ave Northridge CA 91324
+1 818-341-4440
2. Money Mart
18455 Roscoe Blvd Northridge CA 91325
+1 818-772-6066
3. Check Into Cash
18539 Roscoe Blvd Northridge CA 91324
+1 818-709-5107
4. USA Online Payday Loans
9000 Plummer St Northridge CA 91343
+1 877-320-9473
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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