Representative Example for Hire Purchase (HP): Cash price £14,490.00, Annual Interest Rate (fixed) 5.72% p.a., with a representative 10.9% APR, total amount of credit £14,490.00, deposit of £0.00, an initial payment of £310.57, followed by 58 monthly payments of £310.57 with a final payment of £320.57, total amount payable is £18,644.20
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