Representative Example for Hire Purchase (HP): Cash price £23,990.00, Annual Interest Rate (fixed) 8.9% p.a., with a representative 8.9% APR, total amount of credit £23,990.00, deposit of £0.00, an initial payment of £492.79, followed by 58 monthly payments of £492.79 with a final payment of £502.79, total amount payable is £29,577.40
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