Representative Example for Hire Purchase (HP): Cash price £7,990.00, Annual Interest Rate (fixed) 5.73% p.a., with a representative 10.9% APR, total amount of credit £7,990.00, deposit of £0.00, an initial payment of £171.32, followed by 58 monthly payments of £171.32 with a final payment of £172.32, total amount payable is £10,280.20