Best Title Loan Lenders Lake Worth, FL
1. Check `n Go
3899 Jog Rd Lake Worth FL 33467
+1 561-966-8611
2. Pegasus Title Services LLC
631 Lucerne Ave 206 Lake Worth FL 33460
+1 561-517-2748
3. Montana Capital Car Title Loans
1819 7th Ave N D3 Lake Worth FL 33461
+1 561-770-1284
4. JSS Funding Corp
1012 S Dixie Hwy Lake Worth FL 33460
+1 561-502-6289
5. Pawn World
1600 S Dixie Hwy M Lake Worth FL 33460
+1 561-533-5222
6. Florida Title Closings – Title Company
7405 Lake Worth Rd Lake Worth FL 33467
+1 561-660-6665
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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