Representative Example for Hire Purchase (HP): Cash price £15,790.00, Annual Interest Rate (fixed) 7.89% p.a., with a representative 14.9% APR, total amount of credit £15,790.00, deposit of £0.00, an initial payment of £367.39, followed by 58 monthly payments of £367.39 with a final payment of £377.39, total amount payable is £22,053.40
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