Best Title Loan Lenders San Fernando, CA
1. Advance America
55 N Maclay Ave San Fernando CA 91340
+1 818-838-3040
2. ACE Cash Express
1013 Truman St San Fernando CA 91340
+1 818-365-3228
3. Mariner Finance
1101 Truman St Suite C San Fernando CA 91340
(747) 210-9120
4. 5 Star Car Title Loans
741 S Workman St San Fernando CA 91340
+1 818-650-4377
5. San Fernando Loan Co Inc
1131 San Fernando Rd San Fernando CA 91340
+1 818-361-2117
6. Lendmark Financial Services LLC
1129 San Fernando Rd San Fernando CA 91340
+1 818-365-8817
7. Callus4money
15416 Devonshire St San Fernando CA 91345
(818) 505-0306
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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