Representative Example for Hire Purchase (HP): Cash price £8,999.00, Annual Interest Rate (fixed) 5.71% p.a., with a representative 10.9% APR, total amount of credit £8,100.00, deposit of £899.00, an initial payment of £173.54, followed by 58 monthly payments of £173.54 with a final payment of £183.54, total amount payable is £11,321.40
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