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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £6,495.00 |
| Total Deposit £649.50 | Total Amount of Credit £5,845.50 |
| First Payment £130.59 | 58 Monthly Payments £130.59 |
| Final Payment £131.59 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £1,990.90 | Total Amount Payable £8,485.90 |
| Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £6,495.00 | Total Deposit £649.50 | Total Amount of Credit £5,845.50 | First Payment £130.59 |
| 58 Monthly Payments £130.59 | Final Payment £131.59 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £1,990.90 | Total Amount Payable £8,485.90 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £6,495.00 | Total Deposit £649.50 | Total Amount of Credit £5,845.50 | First Payment £130.59 | 58 Monthly Payments £130.59 | Final Payment £131.59 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £1,990.90 | Total Amount Payable £8,485.90 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |