Representative Example for Hire Purchase (HP): Cash price £8,295.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £7,466.00, deposit of £829.00, an initial payment of £166.80, followed by 58 monthly payments of £166.80 with a final payment of £167.80, total amount payable is £10,838.00
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