Representative Example for Hire Purchase (HP): Cash price £13,988.00, Annual Interest Rate (fixed) 6.73% p.a., with a representative 11.9% APR, total amount of credit £13,988.00, deposit of £0.00, an initial payment of £195.02, followed by 118 monthly payments of £195.02 with a final payment of £205.02, total amount payable is £23,412.40
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