Best Title Loan Lenders South Milwaukee, WI
1. Tri City National Bank
2115 10th Ave South Milwaukee WI 53172
+1 414-571-1610
2. Guardian Credit Union
1025 Milwaukee Ave South Milwaukee WI 53172
+1 414-546-7450
3. Educators Credit Union
1201 Marquette Ave South Milwaukee WI 53172
+1 800-236-5898
4. ATM Associated Bank
2815 S Chicago Ave South Milwaukee WI 53172
+1 414-764-3600
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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