Representative Example for Hire Purchase (HP): Cash price £11,995.00, Annual Interest Rate (fixed) 6.27% p.a., with a representative 11.9% APR, total amount of credit £10,796.00, deposit of £1,199.00, an initial payment of £236.34, followed by 58 monthly payments of £236.34 with a final payment of £236.34, total amount payable is £15,379.40
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