The appliance is on-line, quick and easy. Another manner lenders increase the amount you pay on installment loans is by including origination or acquisition fees. Title loans provide a set period of time till you'll want to repay the loan plus a month-to-month charge. If you do not pay the interest, it would simply be added onto the principal, which implies, over 4 years, a $10,000 loan could grow to $12,000 or extra by the time you graduate.