Best Title Loan Lenders Loudon, TN
1. Southeastern Title Abstract
600 Grove St UNIT 1 Loudon TN 37774
+1 865-458-5784
2. Tellico Title Services
294 Village Square Loudon TN 37774
+1 865-408-0449
3. Cash Express
930 Mulberry St 100 Loudon TN 37774
+1 865-408-0251
4. American Trust Cash Advance
961 Mulberry St Loudon TN 37774
+1 865-458-1293
5. Truist
302 Village Square Loudon TN 37774
(865) 458-7341
6. Payday Check Advance
930B Mulberry St Loudon TN 37774
+1 865-408-0000
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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