Best Title Loan Lenders Concord, NH
1. Loanmax Title Loans
152 Loudon Rd Concord NH 03301
+1 603-228-6942
2. OneMain Financial
133 Loudon Rd 10a Concord NH 03301
+1 603-228-0144
3. Absolute Title LLC
6 Loudon Rd 306 Concord NH 03301
+1 603-227-1177
4. Granite State Credit Union
311 Sheep Davis Rd Concord NH 03301
(603) 668-2221
5. Merrimack County Savings Bank (the Merrimack)
89 N Main St Concord NH 03301
+1 603-223-2605
6. Cash For Gold
117 Manchester St 6b Concord NH 03301
(603) 226-2274
7. Banking Department
53 Regional Dr 200 Concord NH 03301
+1 603-271-3561
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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