Representative Example for Hire Purchase (HP): Cash price £20,780.00, Annual Interest Rate (fixed) 5.73% p.a., with a representative 10.9% APR, total amount of credit £20,780.00, deposit of £0.00, an initial payment of £445.56, followed by 58 monthly payments of £445.56 with a final payment of £455.56, total amount payable is £26,743.60
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