Best Title Loan Lenders Riverdale, UT
1. Tony Divino Toyota
777 W Riverdale Rd Riverdale UT 84405
+1 801-394-5701
2. TitleMax Title Loans
1140 W Riverdale Rd Suite F Riverdale UT 84405
+1 801-393-4462
3. Check City
985 W Riverdale Rd Riverdale UT 84405
+1 801-392-9224
4. OneMain Financial
4145 Riverdale Rd Riverdale UT 84405
+1 801-394-3445
5. america first credit union
1344 4675 S Riverdale UT 84405
(800) 999-3961
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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