Representative Example for Hire Purchase (HP): Cash price £12,450.00, Annual Interest Rate (fixed) 13.08% p.a., with a representative 13.9% APR, total amount of credit £11,205.00, deposit of £1,245.00, an initial payment of £255.43, followed by 58 monthly payments of £255.43 with a final payment of £256.43, total amount payable is £16,571.80
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