Hi guys .

I purchased a car and the finance was provided from advantage.

the finance amount was for 7k.

I recently received a statement and this is where my question has come from , I am paying ridiculous payments at present but this is due to a poor credit history . All sorted now and im building it back up nicely .

the finance was over 48 months

there were some additional fees as well

£175 option fee last

£325 acceptance fee.

the interest rate applicable as it says on my statement is 21.00% per annum (fixed)

I pay £275.11 per month.

I have used various online calculators and they all suggest my payment should be around £210 is per month.

Now a friend who financed a car recently there figures were finance of around £7500 and an interest rate of around 22% and there paying about 225 per month .

so my question is am I missing something and the amount is correct ? If its wrong is there anything I can do im about 18 months in ?

any help would be great