I’m looking to buy a phone for £700 and it says
* **19.9% APR Representative**
Is this money i have to add onto the 700 quid to give to the company? I’m trying to pay it off over the course of 12-24 months.
You could borrow **£699.00** over **24** **months** with 24 monthly repayments of **£34.99**. The total amount repayable will be **£839.76**.
Idk what this means (i’m a teenager if it wasn’t clear), like why am i borrowing?
Any help is appreciated.