Best Title Loan Lenders Hampton, SC
1. TitleMax Title Secured Loans
1006 Elm St W Hampton SC 29924
+1 803-943-9990
2. Southern Finance
104 Lee Ave Hampton SC 29924
+1 803-943-1002
3. Credit Central
100 Lee Ave Hampton SC 29924
+1 803-914-0781
4. World Finance
1145 Elm St W Hampton SC 29924
+1 803-943-4729
5. Approved Cash
814 Elm St E Hampton SC 29924
+1 803-943-4460
6. Local Finance of Hampton LLC
401 Elm St E Hampton SC 29924
+1 803-943-0030
7. Sunset Finance
1113 Elm St W Hampton SC 29924
+1 803-914-0511
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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