Representative Example for Hire Purchase (HP): Cash price £8,995.00, Annual Interest Rate (fixed) 7.34% p.a., with a representative 13.9% APR, total amount of credit £8,095.00, deposit of £900.00, an initial payment of £184.77, followed by 58 monthly payments of £184.77 with a final payment of £194.77, total amount payable is £11,996.20
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