“Illegal” penalty loan rates go to appeal: ramifications for finance & property immense

The Casino NSW borrower who won a reprieve against mezzanine interest rates of 7.5% per month, has failed to stop the lender entering into possession for a mortgagee sale of her Lake (more…)

“Exorbitant” default interest not a penalty but capitalisation of arrears “unconscionable”.

In a decision that will be intently studied by the finance industry and borrowers alike, the supreme court today refused to decree that the differential between base and default interest rates are a de facto illegal “penalty” but (more…)

Join Us

Connect with us on LinkedIn!Follow us on Twitter!

logo

1300

Carter Capner Law Queen St Interview

 

Subscribe to win

BUST

Constant Contact All Star Award Winner 2010