Representative Example for Hire Purchase (HP): Cash price £8,799.00, Annual Interest Rate (fixed) 7.35% p.a., with a representative 13.9% APR, total amount of credit £7,920.00, deposit of £879.00, an initial payment of £180.54, followed by 58 monthly payments of £180.54 with a final payment of £181.54, total amount payable is £11,712.40
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