Best Title Loan Lenders Clover, SC
1. Auto Money
889 N Main St Clover SC 29710
+1 803-222-7411
2. Advance America
711 Bethel St Clover SC 29710
+1 803-222-0515
3. Approved Cash
745 Bethel St Clover SC 29710
+1 803-222-2559
4. Cash Fast Payday Loans
130 S Main St Clover SC 29710
+1 803-222-2525
5. 1st Capital Car Title Loans Clover
208 Gateway Farm Rd Clover SC 29710
+1 803-222-7733
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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