Representative Example for Hire Purchase (HP): Cash price £10,295.00, Annual Interest Rate (fixed) 5.71% p.a., with a representative 10.9% APR, total amount of credit £10,295.00, deposit of £0.00, an initial payment of £220.94, followed by 58 monthly payments of £220.94 with a final payment of £230.94, total amount payable is £13,266.40
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