Best Title Loan Lenders Wytheville, VA
1. Lendmark Financial Services LLC
1155 N 4th St Suite 107 Wytheville VA 24382
+1 276-484-9070
2. OneMain Financial
330 Commonwealth Dr 6 Wytheville VA 24382
+1 276-228-8470
3. Mariner Finance
194 Dominion St Wytheville VA 24382
+1 276-484-9252
4. True North Title
325 E Main St ste e-5 Wytheville VA 24382
+1 276-325-3555
5. Virginia Auto Loans Inc
755 E Main St Wytheville VA 24382
+1 276-223-0655
6. Approved Cash
1155 N 4th St 103 Wytheville VA 24382
+1 276-228-8444
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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