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Representative Finance Example
| Product Hire Purchase | Cash Price £7,495.00 |
| Total Deposit £749.50 | Total Amount of Credit £6,745.50 |
| First Payment £150.70 | 58 Monthly Payments £150.70 |
| Final Payment £151.70 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £2,297.50 | Total Amount Payable £9,792.50 |
| Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £7,495.00 | Total Deposit £749.50 | Total Amount of Credit £6,745.50 | First Payment £150.70 |
| 58 Monthly Payments £150.70 | Final Payment £151.70 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £2,297.50 | Total Amount Payable £9,792.50 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £7,495.00 | Total Deposit £749.50 | Total Amount of Credit £6,745.50 | First Payment £150.70 | 58 Monthly Payments £150.70 | Final Payment £151.70 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £2,297.50 | Total Amount Payable £9,792.50 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |