Best Title Loan Lenders Apopka, FL
1. ACE Cash Express
87 W Main St Apopka FL 32703
+1 407-880-8809
2. Advance America
813 S Orange Blossom Trail Apopka FL 32703
+1 407-814-0871
3. Mariner Finance
2169 E Semoran Blvd Apopka FL 32703
+1 407-884-0154
4. Montana Capital Car Title Loans
1150 E Semoran Blvd A Apopka FL 32703
+1 689-219-8817
5. Amscot – The Money Superstore
501 W Orange Blossom Trail Apopka FL 32712
+1 407-814-0191
6. Cash America Pawn
399 E Main St Apopka FL 32703
(407) 886-6969
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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