Representative Example for Hire Purchase (HP): Cash price £6,495.00, Annual Interest Rate (fixed) 5.7% p.a., with a representative 10.9% APR, total amount of credit £5,196.00, deposit of £1,299.00, an initial payment of £111.62, followed by 58 monthly payments of £111.62 with a final payment of £121.62, total amount payable is £8,006.20

