Best Title Loan Lenders Alton, TX
1. World Finance
306 E Main Ave Ste 3 Alton TX 78573
+1 956-424-1173
2. Sun Loan Company
306 E Main Ave Ste 13 14 Alton TX 78573
+1 956-584-1400
3. Texan Credit Corporation
306 E Main Ave Ste 12 Alton TX 78573
+1 956-581-0134
4. Security Finance
1304 S Alton Blvd Suite 2 Alton TX 78573
+1 956-584-3117
5. Barri Office
301 N Alton Blvd STE 2 Alton TX 78573
+1 956-600-8155
6. Gold Star Finance Inc
1304 S Alton Blvd Ste4 Alton TX 78573
+1 956-997-0561
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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