Mr. Terry Murphy: Let us consider...: 29 Jan 2014: Oireachtas Joint and Select Committees (KildareStreet.com)

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

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.