Best Title Loan Lenders Olive Branch, MS
1. TitleMax Title Loans
7075 Cockrum Rd Olive Branch MS 38654
+1 662-890-9261
2. TitleMax Title Loans
4811 Goodman Rd Olive Branch MS 38654
+1 662-890-7062
3. Advance America
8110 Camp Creek Blvd Ste 102 Olive Branch MS 38654
+1 662-890-0732
4. Mariner Finance
6515 Goodman Rd Suite 3 Olive Branch MS 38654
+1 662-342-1378
5. Liberty Tax and Loans
8863 Goodman Rd 104 Olive Branch MS 38654
(662) 895-4412
6. Republic Finance
8230 Camp Creek Blvd Suite 106 Olive Branch MS 38654
+1 662-893-1431
7. Discount Cash Advance
6229 MS-305 Olive Branch MS 38654
+1 662-890-3096
8. Title 2 Cash
4857 Goodman Rd 104 Olive Branch MS 38654
+1 662-893-2265
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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