Best Title Loan Lenders Tamarac, FL
1. ACE Cash Express
5100 W Commercial Blvd Ste 16 Tamarac FL 33319
+1 954-730-3567
2. Pollock Richard C CPA
7797 N University Dr Tamarac FL 33321
+1 954-726-2537
3. Simple Cash Title Loans
8151 N Pine Island Rd Tamarac FL 33321
(954) 516-1713
4. Swift Payday Loans
7153 Wisteria Way Tamarac FL 33321
+1 754-666-7794
5. South Florida Title Associates LLC
7300 W McNab Rd Suite 119 Tamarac FL 33321
(954) 632-2940
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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