Representative Example for Hire Purchase (HP): Payable by 60 payments of £112.08. Payments are based on a duration of agreement of 60 months, a Cash Price of £5,695.00, with a deposit of £569.50 leaving an amount of credit of £7,304.30. The agreement is calculated using a fixed rate of interest of 6.24% per year resulting in Representative 11.90% APR and a total amount payable of £7,304.30 The representative example includes an estimated option to purchase fee of £10.00. We act as a credit broker, not a lender.