Representative Example for Hire Purchase (HP): Cash price £9,250.00, Annual Interest Rate (fixed) 6.5% p.a., with a representative 14.3% APR, total amount of credit £8,325.00, deposit of £925.00, an initial payment of £191.35, followed by 58 monthly payments of £191.35 with a final payment of £201.35, total amount payable is £12,416.00
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