Representative Example for Hire Purchase (HP): Payable by 60 payments of £192.86. Payments are based on a duration of agreement of 60 months, a Cash Price of £9,995.00, with a deposit of £999.50 leaving an amount of credit of £8,995.50. The agreement is calculated using a fixed rate of interest of 10.90% per year resulting in Representative 10.90% APR and a total amount payable of £12,571.10 We act as a credit broker, not a lender.