Product:Regulated Hire Purchase
Asset security:vehicle
Cost including VAT:£25,000
Typical amount borrowed:£20,000
Typical term:48months
APR (Representative):9.90%fixed over the life of the term
Fees or Charges:350
Total Cost of Credit:£4,095.60
Total Amount Repayable:£24,095.60
Repayments:£694.70
£494.70
£644.70
x 1 then
x 46 then
x 1

Representative example

Product:Regulated Hire Purchase
Asset security:motorhome
Cost including VAT:£40,000
Typical amount borrowed:£30,000
Typical term:60months
APR (Representative):9.00%fixed over the life of the term
Fees or Charges:350
Total Cost of Credit:£7,040.00
Total Amount Repayable:£37,040.00
Repayments:£811.50
£611.50
£761.50
x 1 then
x 58 then
x 1

Illustrative example

Product:Personal Loan
Asset security:unsecured
Typical amount borrowed:£10,000
Typical term:48months
APR (Representative):14.00%fixed over the life of the term
Total Cost of Credit:£2,919.20
Total Amount Repayable:£12,919.20
Repayments:£269.15x 48

Illustrative example