Representative Example for Hire Purchase (HP): Cash price £9,500.00, Annual Interest Rate (fixed) 7.36% p.a., with a representative 13.9% APR, total amount of credit £9,250.00, deposit of £250.00, an initial payment of £210.87, followed by 58 monthly payments of £210.87 with a final payment of £210.87, total amount payable is £12,902.20
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