Representative Example for Hire Purchase (HP): Cash price £47,995.00, Annual Interest Rate (fixed) 5.52% p.a., with a representative 9.9% APR, total amount of credit £47,995.00, deposit of £0.00, an initial payment of £620.74, followed by 118 monthly payments of £620.74 with a final payment of £630.74, total amount payable is £74,498.80