Representative Example for Hire Purchase (HP): Cash price £3,295.00, Annual Interest Rate (fixed) 7.32% p.a., with a representative 13.9% APR, total amount of credit £3,295.00, deposit of £0.00, an initial payment of £75.02, followed by 58 monthly payments of £75.02 with a final payment of £85.02, total amount payable is £4,511.20
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