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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £6,995.00 |
| Total Deposit £699.50 | Total Amount of Credit £6,295.50 |
| First Payment £137.81 | 58 Monthly Payments £137.81 |
| Final Payment £137.81 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £1,973.10 | Total Amount Payable £8,968.10 |
| Annual Fixed Interest Rate 11.90% | Representative APR 11.90% |
| Product Hire Purchase | Cash Price £6,995.00 | Total Deposit £699.50 | Total Amount of Credit £6,295.50 | First Payment £137.81 |
| 58 Monthly Payments £137.81 | Final Payment £137.81 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £1,973.10 | Total Amount Payable £8,968.10 | Annual Fixed Interest Rate 11.90% | Representative APR 11.90% |
| Product Hire Purchase | Cash Price £6,995.00 | Total Deposit £699.50 | Total Amount of Credit £6,295.50 | First Payment £137.81 | 58 Monthly Payments £137.81 | Final Payment £137.81 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £1,973.10 | Total Amount Payable £8,968.10 | Annual Fixed Interest Rate 11.90% | Representative APR 11.90% |