Typical Representative Finance Example
| Product Hire Purchase | Cash Price £27,495.00 |
| Total Deposit £5,499.00 | Total Amount of Credit £21,996.00 |
| First Payment £491.24 | 58 Monthly Payments £491.24 |
| Final Payment £501.24 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £7,488.40 | Total Amount Payable £34,983.40 |
| Annual Fixed Interest Rate 6.80% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £27,495.00 | Total Deposit £5,499.00 | Total Amount of Credit £21,996.00 | First Payment £491.24 |
| 58 Monthly Payments £491.24 | Final Payment £501.24 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £7,488.40 | Total Amount Payable £34,983.40 | Annual Fixed Interest Rate 6.80% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £27,495.00 | Total Deposit £5,499.00 | Total Amount of Credit £21,996.00 | First Payment £491.24 | 58 Monthly Payments £491.24 | Final Payment £501.24 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £7,488.40 | Total Amount Payable £34,983.40 | Annual Fixed Interest Rate 6.80% | Representative APR 12.90% |