Typical Representative Finance Example
| Product Hire Purchase | Cash Price £7,495.00 |
| Total Deposit £749.50 | Total Amount of Credit £6,745.50 |
| First Payment £153.77 | 58 Monthly Payments £153.77 |
| Final Payment £154.77 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £2,481.70 | Total Amount Payable £9,976.70 |
| Annual Fixed Interest Rate 7.36% | Representative APR 13.90% |
| Product Hire Purchase | Cash Price £7,495.00 | Total Deposit £749.50 | Total Amount of Credit £6,745.50 | First Payment £153.77 |
| 58 Monthly Payments £153.77 | Final Payment £154.77 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £2,481.70 | Total Amount Payable £9,976.70 | Annual Fixed Interest Rate 7.36% | Representative APR 13.90% |
| Product Hire Purchase | Cash Price £7,495.00 | Total Deposit £749.50 | Total Amount of Credit £6,745.50 | First Payment £153.77 | 58 Monthly Payments £153.77 | Final Payment £154.77 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £2,481.70 | Total Amount Payable £9,976.70 | Annual Fixed Interest Rate 7.36% | Representative APR 13.90% |