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Representative Example for Hire Purchase (HP): Payable by 51 payments of £119.36. Payments are based on a duration of agreement of 51 months, a Cash Price of £5,450.00, with a deposit of £545.00 leaving an amount of credit of £4,905.00. The agreement is calculated using a fixed rate of interest of 10.89% per year resulting in Representative 10.90% APR and a total amount payable of £6,633.36 The representative example includes an estimated option to purchase fee of £1.00. We act as a credit broker, not a lender.