Best Title Loan Lenders Checotah, OK
1. World Finance
212 W Gentry Ave Checotah OK 74426
+1 918-473-0540
2. Richys Gun Pawn
1301 Old Hwy 69 Checotah OK 74426
+1 918-473-1194
3. First Family FCU
111 Paul Carr Dr Checotah OK 74426
+1 918-473-3328
4. Family Loan Company
915 W Gentry Ave Checotah OK 74426
+1 918-926-3027
5. Advance Oklahoma
205 N Broadway St Checotah OK 74426
+1 918-473-0204
6. Central State Finance Co Inc
633 W Gentry Ave 2217 Checotah OK 74426
(918) 473-4220
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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