Typical Representative Finance Example
| Product Hire Purchase | Cash Price £4,995.00 |
| Total Deposit £499.50 | Total Amount of Credit £4,495.50 |
| First Payment £99.43 | 58 Monthly Payments £99.43 |
| Final Payment £99.43 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £1,470.30 | Total Amount Payable £6,465.30 |
| Annual Fixed Interest Rate 6.54% | Representative APR 12.40% |
| Product Hire Purchase | Cash Price £4,995.00 | Total Deposit £499.50 | Total Amount of Credit £4,495.50 | First Payment £99.43 |
| 58 Monthly Payments £99.43 | Final Payment £99.43 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £1,470.30 | Total Amount Payable £6,465.30 | Annual Fixed Interest Rate 6.54% | Representative APR 12.40% |
| Product Hire Purchase | Cash Price £4,995.00 | Total Deposit £499.50 | Total Amount of Credit £4,495.50 | First Payment £99.43 | 58 Monthly Payments £99.43 | Final Payment £99.43 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £1,470.30 | Total Amount Payable £6,465.30 | Annual Fixed Interest Rate 6.54% | Representative APR 12.40% |