Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Over six or 12 months. With regard to moneylenders, the sum borrowed is not the issue. The issue is the annualised payments because there are so many loans one after the other that somebody could pay back between €2,000 and €3,000 a year, which is a greater sum that the €2,000 provided for in the legislation. One is taking into account the total sum repaid, not the sum borrowed.