Representative Example for Hire Purchase (HP): Cash price £12,750.00, Annual Interest Rate (fixed) 5.72% p.a., with a representative 10.9% APR, total amount of credit £11,750.00, deposit of £1,000.00, an initial payment of £251.84, followed by 58 monthly payments of £251.84 with a final payment of £261.84, total amount payable is £16,120.40
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