Representative Example for Hire Purchase (HP): Cash price £13,988.00, Annual Interest Rate (fixed) 6.26% p.a., with a representative 11.9% APR, total amount of credit £13,988.00, deposit of £0.00, an initial payment of £306.10, followed by 58 monthly payments of £306.10 with a final payment of £316.10, total amount payable is £18,376.00
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