Best Title Loan Lenders Roy, UT
1. Money 4 You Installment Loans
4876 S 1900 W Roy UT 84067
+1 801-825-1695
2. Loanmax Title Loans
5810 S 1900 W Roy UT 84067
+1 801-779-2277
3. USA Cash Services
5451 S 1900 W 3 Roy UT 84067
(801) 773-8251
4. LIQUID LOANS
5360 S 1900 W B2 Roy UT 84067
+1 385-383-7865
5. World Finance
5360 S 1900 W Suite B6 Roy UT 84067
+1 801-590-3001
6. Dollar Loan Center
5667 S 1900 W Roy UT 84067
+1 801-820-4100
7. KeyBank
5201 S 1900 W Roy UT 84067
+1 801-776-2111
8. Fast Money Car Title Loans Roy
4000 Midland Dr Roy UT 84067
+1 801-477-4912
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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