Typical Representative Finance Example
| Product Hire Purchase | Cash Price £58,750.00 |
| Total Deposit £33,750.00 | Total Amount of Credit £25,000.00 |
| First Payment £638.87 | 58 Monthly Payments £638.87 |
| Final Payment £738.87 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £100.00 |
| Interest Charges £13,432.20 | Total Amount Payable £72,182.20 |
| Annual Fixed Interest Rate 19.91% | Representative APR 20.00% |
| Product Hire Purchase | Cash Price £58,750.00 | Total Deposit £33,750.00 | Total Amount of Credit £25,000.00 | First Payment £638.87 |
| 58 Monthly Payments £638.87 | Final Payment £738.87 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £100.00 |
| Interest Charges £13,432.20 | Total Amount Payable £72,182.20 | Annual Fixed Interest Rate 19.91% | Representative APR 20.00% |
| Product Hire Purchase | Cash Price £58,750.00 | Total Deposit £33,750.00 | Total Amount of Credit £25,000.00 | First Payment £638.87 | 58 Monthly Payments £638.87 | Final Payment £738.87 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £100.00 | Interest Charges £13,432.20 | Total Amount Payable £72,182.20 | Annual Fixed Interest Rate 19.91% | Representative APR 20.00% |