Representative Example for Hire Purchase (HP): Cash price £7,295.00, Annual Interest Rate (fixed) 5.17% p.a., with a representative 9.9% APR, total amount of credit £6,565.00, deposit of £730.00, an initial payment of £138.01, followed by 58 monthly payments of £138.01 with a final payment of £148.01, total amount payable is £9,020.60
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