Typical Representative Finance Example
| Product Hire Purchase | Cash Price £8,395.00 |
| Total Deposit £839.50 | Total Amount of Credit £7,555.50 |
| First Payment £175.57 | 58 Monthly Payments £175.57 |
| Final Payment £185.57 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £2,988.70 | Total Amount Payable £11,383.70 |
| Annual Fixed Interest Rate 7.88% | Representative APR 14.90% |
| Product Hire Purchase | Cash Price £8,395.00 | Total Deposit £839.50 | Total Amount of Credit £7,555.50 | First Payment £175.57 |
| 58 Monthly Payments £175.57 | Final Payment £185.57 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £2,988.70 | Total Amount Payable £11,383.70 | Annual Fixed Interest Rate 7.88% | Representative APR 14.90% |
| Product Hire Purchase | Cash Price £8,395.00 | Total Deposit £839.50 | Total Amount of Credit £7,555.50 | First Payment £175.57 | 58 Monthly Payments £175.57 | Final Payment £185.57 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £2,988.70 | Total Amount Payable £11,383.70 | Annual Fixed Interest Rate 7.88% | Representative APR 14.90% |
