Representative Example for Hire Purchase (HP): Cash price £8,299.00, Annual Interest Rate (fixed) 7.22% p.a., with a representative 13.9% APR, total amount of credit £7,470.00, deposit of £829.00, an initial payment of £200.56, followed by 46 monthly payments of £200.56 with a final payment of £210.56, total amount payable is £10,465.88
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