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Representative Example for Hire Purchase (HP): Payable by 42 payments of £125.03. Payments are based on a duration of agreement of 42 months, a Cash Price of £4,950.00, with a deposit of £495.00 leaving an amount of credit of £4,455.00. The agreement is calculated using a fixed rate of interest of 9.89% per year resulting in Representative 9.90% APR and a total amount payable of £5,747.26 The representative example includes an estimated option to purchase fee of £1.00. We act as a credit broker, not a lender.