Representative Example for Hire Purchase (HP): Cash price £10,995.00, Annual Interest Rate (fixed) 8.44% p.a., with a representative 15.9% APR, total amount of credit £10,995.00, deposit of £2,199.00, an initial payment of £260.58, followed by 58 monthly payments of £260.58 with a final payment of £270.58, total amount payable is £17,843.80
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