Oireachtas Joint and Select Committees

Wednesday, 29 January 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Report on Licensed Moneylending Industry: Central Bank of Ireland

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5:15 pm

Mr. Terry Murphy:

Let us consider Deputy Donnelly's example. If a person borrows €200 and was due to repay €250, he or she would only ever have to pay €250.

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