Representative Example for Hire Purchase (HP): Cash price £18,990.00, Annual Interest Rate (fixed) 8.9% p.a., with a representative 8.9% APR, total amount of credit £18,990.00, deposit of £0.00, an initial payment of £390.09, followed by 58 monthly payments of £390.09 with a final payment of £400.09, total amount payable is £23,415.40
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