Best Title Loan Lenders Dunlap, TN
1. US Money Shops
15567-B Rankin Ave Dunlap TN 37327
+1 423-949-7296
2. American Trust Cash Advance
16952 Rankin Ave A Dunlap TN 37327
+1 423-949-7722
3. Cash Express
15367 Rankin Ave Dunlap TN 37327
+1 423-933-3108
4. 3D Financial
16988 Rankin Ave Dunlap TN 37327
(423) 949-7658
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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