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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £10,500.00 |
| Total Deposit £1,050.00 | Total Amount of Credit £5,562.00 |
| First Payment £250.20 | 58 Monthly Payments £250.20 |
| Final Payment £250.20 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £5,562.00 | Total Amount Payable £16,062.00 |
| Annual Fixed Interest Rate 11.77% | Representative APR 21.90% |
| Product Hire Purchase | Cash Price £10,500.00 | Total Deposit £1,050.00 | Total Amount of Credit £5,562.00 | First Payment £250.20 |
| 58 Monthly Payments £250.20 | Final Payment £250.20 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 |
| Interest Charges £5,562.00 | Total Amount Payable £16,062.00 | Annual Fixed Interest Rate 11.77% | Representative APR 21.90% |
| Product Hire Purchase | Cash Price £10,500.00 | Total Deposit £1,050.00 | Total Amount of Credit £5,562.00 | First Payment £250.20 | 58 Monthly Payments £250.20 | Final Payment £250.20 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £0.00 | Interest Charges £5,562.00 | Total Amount Payable £16,062.00 | Annual Fixed Interest Rate 11.77% | Representative APR 21.90% |