Best Title Loan Lenders Delmar, DE
1. TitleMax Title Loans
38660 Sussex Hwy Suite 11 Delmar DE 19940
+1 302-353-1700
2. Northeastern Title Loans
38650 Sussex Hwy Unit 10 Delmar DE 19940
+1 302-846-3580
3. Eric James – State Farm Insurance Agent
38613 Benro Dr 3 Delmar DE 19940
+1 302-907-0192
4. E Z Cash
300 N Bi State Blvd Delmar DE 19940
+1 302-846-0464
5. EZ Loans Inc
38661 Sussex Hwy Unit 2 Delmar DE 19940
+1 302-462-3445
6. Atlantic Finance
10977 E State St Unit 3 Delmar DE 19940
+1 302-846-3900
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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