Representative Example for Hire Purchase (HP): Cash price £10,989.00, Annual Interest Rate (fixed) 12.9% p.a., with a representative 12.9% APR, total amount of credit £9,891.00, deposit of £1,098.00, an initial payment of £220.98, followed by 58 monthly payments of £220.98 with a final payment of £221.98, total amount payable is £14,357.80
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