Best Title Loan Lenders Hereford, TX
1. Sun Loan Company
237 Main St Hereford TX 79045
+1 806-364-4287
2. Texas Car Title Payday Loan Services Inc
801 W 1st St Hereford TX 79045
+1 806-364-4544
3. World Finance
308 N 25 Mile Ave Hereford TX 79045
+1 806-363-1468
4. Western Finance
233 Main St Hereford TX 79045
+1 806-363-6544
5. Security Finance
600 N 25 Mile Ave Suite 200 Hereford TX 79045
+1 806-364-6981
Explore Title Loan Pawn & Stores in Other Popular Cities
- Farragut
- Littlefield
- Gila Bend
- Grand Prairie
- Springerville
- Locust Fork
- Beverly Hills
- San Antonio
- Janesville
- Autaugaville
- Tarpon Springs
- Ashburn
- Ocean Springs
- Ider
- Clovis
- Apalachicola
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