What is the indicative total amount payable?
We are required to give you certain information in a standard form so that you can compare the cost of credit with Close Brothers Premium Finance and other credit providers.
The indicative total amount payable shows you how much you would have to pay if you borrowed an amount equal to the credit limit based on the interest rate and charges as detailed in your credit agreement.
In Ireland the indicative total amount payable is calculated on an assumed amount borrowed of €1,500 based on the interest rate and charges as detailed in your credit agreement.
The actual amount you will have to repay is shown separately in your documentation.