Representative Example for Hire Purchase (HP): Cash price £8,895.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £8,006.00, deposit of £889.00, an initial payment of £178.87, followed by 58 monthly payments of £178.87 with a final payment of £179.87, total amount payable is £11,622.20
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