Representative Example for Hire Purchase (HP): Cash price £9,795.00, Annual Interest Rate (fixed) 6.27% p.a., with a representative 11.9% APR, total amount of credit £8,816.00, deposit of £979.00, an initial payment of £193.00, followed by 58 monthly payments of £193.00 with a final payment of £193.00, total amount payable is £12,559.00
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