Philippine Supreme Court Nullifies Foreclosure Over Unfair Loan Interest
October 06, 2025
October 06, 2025
MANILA, Philippines, Oct. 6 -- The Supreme Court of the Philippines issued the following news release:
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SC Nullifies Foreclosure Over Unfair Loan Interest
The Supreme Court (SC) has nullified the foreclosure of several properties after ruling that the interest charged on a bank loan was unfair and imposed without the borrower's consent.
In a Resolution written by Associate Justice Ricardo R. Rosario, the SC's Special Third Divisi . . .
* * *
SC Nullifies Foreclosure Over Unfair Loan Interest
The Supreme Court (SC) has nullified the foreclosure of several properties after ruling that the interest charged on a bank loan was unfair and imposed without the borrower's consent.
In a Resolution written by Associate Justice Ricardo R. Rosario, the SC's Special Third Divisi . . .