Representative finance example

If your borrow amount is £7,000 with a deposit of £1,000, a selected term of 48 months, at a representative APR of 17.9% (fixed) and an annual fixed interest rate of 15.9%, you would pay ££171.83 per month. Total charge for credit would be £2,247.84 and total amount repayable is £8,247.84.

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