Best Title Loan Lenders Covington, VA
1. OneMain Financial
1260 S Craig Ave Covington VA 24426
+1 540-962-2244
2. Jackson River Community Credit Union
347 N Court Ave Covington VA 24426
+1 540-962-6154
3. ZOOMCASH CONSUMER LOANS
279 W Main St Covington VA 24426
+1 540-251-0961
4. Pawn Shop
1103 S Alleghany Ave Covington VA 24426
+1 540-962-5657
Explore Title Loan Pawn & Stores in Other Popular Cities
- Janesville
- Manhattan
- Mc Minnville
- Goodyear
- Rancho Cucamonga
- Park Rapids
- Safety Harbor
- Yoakum
- Hamilton
- Elm Grove
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