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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £11,500.00 |
| Total Deposit £1,150.00 | Total Amount of Credit £10,350.00 |
| First Payment £231.25 | 58 Monthly Payments £231.25 |
| Final Payment £231.25 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £3,525.00 | Total Amount Payable £15,025.00 |
| Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £11,500.00 | Total Deposit £1,150.00 | Total Amount of Credit £10,350.00 | First Payment £231.25 |
| 58 Monthly Payments £231.25 | Final Payment £231.25 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £3,525.00 | Total Amount Payable £15,025.00 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £11,500.00 | Total Deposit £1,150.00 | Total Amount of Credit £10,350.00 | First Payment £231.25 | 58 Monthly Payments £231.25 | Final Payment £231.25 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £3,525.00 | Total Amount Payable £15,025.00 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |