Representative Example for Hire Purchase (HP): Cash price £9,095.00, Annual Interest Rate (fixed) 6.81% p.a., with a representative 12.9% APR, total amount of credit £8,186.00, deposit of £909.00, an initial payment of £182.89, followed by 58 monthly payments of £182.89 with a final payment of £183.89, total amount payable is £11,883.40
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