Best Title Loan Lenders Clewiston, FL
1. Advance America
882 W Sugarland Hwy Unit 4 Clewiston FL 33440
+1 863-983-8472
2. Everglades Federal Credit Union
1099 W Ventura Ave Clewiston FL 33440
+1 863-983-5141
3. SouthState Bank – Drive-Thru Only
205 W C Owen Ave Clewiston FL 33440
+1 863-983-6181
4. Seacoast Bank
890 West Sugarland Highway E Sugarland Hwy Unit 8 Clewiston FL 33440
+1 863-983-9113
5. American Money Lenders
343 E Sugarland Hwy Clewiston FL 33440
+1 863-677-0511
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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