Best Title Loan Lenders Guymon, OK
1. Sun Loan Company
401 N Main St Guymon OK 73942
+1 580-338-6151
2. Western-Shamrock Finance
509 N Main St Guymon OK 73942
(580) 338-6800
3. Yes Finance
1421 N Main St Guymon OK 73942
+1 580-338-4452
4. Security Finance
1412 N Main St Guymon OK 73942
+1 580-338-7711
5. Sure Finance
1203 N Ellison St B Guymon OK 73942
+1 580-338-4438
6. Continental Credit
617 N Main St Guymon OK 73942
+1 580-338-5011
7. Mr Payroll
1199 NE 12th St Guymon OK 73942
+1 580-338-0920
8. Equity Bank ATM
403 NW 21st St Guymon OK 73942
+1 888-733-5041
9. American Title Abstract
219 NW 4th St Suite A1 Guymon OK 73942
+1 620-624-9111
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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