Typical Representative Finance Example
| Product Hire Purchase | Cash Price £3,975.00 |
| Total Deposit £397.50 | Total Amount of Credit £3,577.50 |
| First Payment £80.90 | 57 Monthly Payments £80.90 |
| Final Payment £80.90 | Agreement Duration 59 months |
| Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £1,196.60 | Total Amount Payable £5,171.60 |
| Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £3,975.00 | Total Deposit £397.50 | Total Amount of Credit £3,577.50 | First Payment £80.90 |
| 57 Monthly Payments £80.90 | Final Payment £80.90 | Agreement Duration 59 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £1,196.60 | Total Amount Payable £5,171.60 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £3,975.00 | Total Deposit £397.50 | Total Amount of Credit £3,577.50 | First Payment £80.90 | 57 Monthly Payments £80.90 | Final Payment £80.90 |
| Agreement Duration 59 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £1,196.60 | Total Amount Payable £5,171.60 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |