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Representative analogy: borrowing from the bank ?six,500 over 5 years having a representative Annual percentage rate away from 19.9%, a yearly rate of interest off 19.9% (Fixed) and you can in initial deposit regarding ?0.00, the amount payable might possibly be ? per month, that have a complete cost of borrowing from the bank out of ?step three, and you can a complete matter payable out of ?9,.
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Affiliate analogy: borrowing ?6,five hundred more five years having a real estate agent Apr away from 19.9%, a yearly rate of interest away from 19.9% (Fixed) and in initial deposit of ?0.00, the amount payable is ? a month, that have a whole cost of credit off ?3, and you will a whole number payable away from ?nine,.
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