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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £10,900.00 |
| Total Deposit £1,090.00 | Total Amount of Credit £9,810.00 |
| First Payment £214.59 | 58 Monthly Payments £214.59 |
| Final Payment £224.59 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £3,075.40 | Total Amount Payable £13,975.40 |
| Annual Fixed Interest Rate 6.25% | Representative APR 11.90% |
| Product Hire Purchase | Cash Price £10,900.00 | Total Deposit £1,090.00 | Total Amount of Credit £9,810.00 | First Payment £214.59 |
| 58 Monthly Payments £214.59 | Final Payment £224.59 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £3,075.40 | Total Amount Payable £13,975.40 | Annual Fixed Interest Rate 6.25% | Representative APR 11.90% |
| Product Hire Purchase | Cash Price £10,900.00 | Total Deposit £1,090.00 | Total Amount of Credit £9,810.00 | First Payment £214.59 | 58 Monthly Payments £214.59 | Final Payment £224.59 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £3,075.40 | Total Amount Payable £13,975.40 | Annual Fixed Interest Rate 6.25% | Representative APR 11.90% |