No Deposit Required
This means that you are not required to make a payment when signing your contract.
You can if you wish to make a deposit payment. This will reduce the time taken to repay any funding facility offered and where a funding facility has interest attached, paying a deposit will reduce the amount of interest paid.
Example Payment:
| Representative APR 11.9% Fixed | |
|---|---|
| Cash Price | £3,500 |
| Deposit of | £0 |
| Total Loan Amount | £3,500 |
| Repayable by 120 Monthly Payments of | £48.80 |
| Total Charge for Credit | £2,350.00 |
| Total Amount Repayable | £5,856.00 |