Representative Example for Hire Purchase (HP): Payable by 60 payments of £116.02. Payments are based on a duration of agreement of 60 months, a Cash Price of £5,895.00, with a deposit of £589.50 leaving an amount of credit of £7,560.70. 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 £7,560.70 The representative example includes an estimated option to purchase fee of £10.00. We act as a credit broker, not a lender.