Best Title Loan Lenders El Reno, OK
1. Western-Shamrock Finance
116 N Bickford Ave El Reno OK 73036
+1 405-262-4444
2. Check `n Go
1403 S Country Club Rd Dr El Reno OK 73036
+1 405-262-6085
3. World Finance
1520 SW 27th St S El Reno OK 73036
+1 405-262-1901
4. Security Finance
118 N Bickford Ave El Reno OK 73036
+1 405-262-4751
5. Rock Island Credit Union
320 S Rock Island Ave El Reno OK 73036
+1 405-262-1463
6. BancFirst
2000 S Country Club Rd El Reno OK 73036
+1 405-262-6577
7. Courtesy Loans
211 N Bickford Ave El Reno OK 73036
+1 405-422-3100
8. Local Loan Investment Co
101 S Rock Island Ave El Reno OK 73036
+1 405-262-5122
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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