Best Title Loan Lenders Clinton, TN
1. Shylocks Pawn
1204 Clinch Ave Clinton TN 37716
+1 865-457-2960
2. Advance Financial
2217 N Charles G Seivers Blvd Clinton TN 37716
+1 865-867-7389
3. Covington Credit
1115 N Charles G Seivers Blvd Suite 6 Clinton TN 37716
+1 865-463-7547
4. Cash Express
502 Clinch Ave Clinton TN 37716
+1 865-457-3625
5. Cash Express
1202 N Charles G Seivers Blvd ste b Clinton TN 37716
+1 865-457-1242
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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