Best Title Loan Lenders Tooele, UT
1. TitleMax Title Loans
915 N Main St Suite A Tooele UT 84074
+1 435-843-2428
2. Check `n Go
1371 N Main St Tooele UT 84074
+1 435-882-2376
3. 1st Choice Money Center
980 N Main St Suite B Tooele UT 84074
+1 435-882-8104
4. USA Cash Services
1209 N Main St Tooele UT 84074
+1 435-843-9033
5. LendNation
124 N Main St Tooele UT 84074
+1 435-882-8532
6. GSI Pawnshop
324 N Main St Tooele UT 84074
+1 435-882-5560
7. Solution Loans
988 N Main St Tooele UT 84074
+1 435-775-9107
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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