Typical Representative Finance Example
| Product Hire Purchase | Cash Price £2,490.00 |
| Total Deposit £249.00 | Total Amount of Credit £2,241.00 |
| First Payment £50.06 | 58 Monthly Payments £50.06 |
| Final Payment £51.06 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £763.60 | Total Amount Payable £3,253.60 |
| Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £2,490.00 | Total Deposit £249.00 | Total Amount of Credit £2,241.00 | First Payment £50.06 |
| 58 Monthly Payments £50.06 | Final Payment £51.06 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £763.60 | Total Amount Payable £3,253.60 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |
| Product Hire Purchase | Cash Price £2,490.00 | Total Deposit £249.00 | Total Amount of Credit £2,241.00 | First Payment £50.06 | 58 Monthly Payments £50.06 | Final Payment £51.06 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £763.60 | Total Amount Payable £3,253.60 | Annual Fixed Interest Rate 12.90% | Representative APR 12.90% |