Representative Example for Hire Purchase (HP): Cash price £7,290.00, Annual Interest Rate (fixed) 5.7% p.a., with a representative 10.9% APR, total amount of credit £6,290.00, deposit of £1,000.00, an initial payment of £134.73, followed by 58 monthly payments of £134.73 with a final payment of £144.73, total amount payable is £9,093.80
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