Representative Example for Hire Purchase (HP): Cash price £8,999.00, Annual Interest Rate (fixed) 11.9% p.a., with a representative 11.9% APR, total amount of credit £8,100.00, deposit of £899.00, an initial payment of £177.30, followed by 58 monthly payments of £177.30 with a final payment of £178.30, total amount payable is £11,538.00
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