Representative Example for Hire Purchase (HP): Cash price £6,990.00, Annual Interest Rate (fixed) 5.7% p.a., with a representative 10.9% APR, total amount of credit £5,990.00, deposit of £1,000.00, an initial payment of £128.30, followed by 58 monthly payments of £128.30 with a final payment of £138.30, total amount payable is £8,708.00
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