Best Title Loan Lenders Soddy Daisy, TN
1. Advance Financial
9335 Dayton Pike Soddy-Daisy TN 37379
+1 423-438-0834
2. Check Into Cash
9332 Dayton Pike Suite 108 Soddy-Daisy TN 37379
+1 423-332-7664
3. Cash It In
9218 Dayton Pike Suite 112 Soddy-Daisy TN 37379
+1 423-803-4357
4. US Money Shops
8804 Dayton Pike Soddy-Daisy TN 37379
+1 423-332-1681
5. Cash Express
9733 Dayton Pike Soddy-Daisy TN 37379
+1 423-332-6903
6. TitleMax
124 Harrison Ln 116 Soddy-Daisy TN 37379
+1 423-451-9883
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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