Tag: USURIOUS INTEREST

UNITED COCONUT PLANTERS BANK, substituted by LAND BANK OF THE PHILIPPINES, Petitioner, – versus – EDITHA F. ANG and VIOLETA M. FERNANDEZ, Respondents. (G.R. No. 222448, Resolution promulgated March 03, 2025) (CASE DIGEST)

Facts The case stemmed from an extrajudicial foreclosure sale conducted on August 2, 1999. The underlying dispute concerned the loan granted to the respondents, Editha F. Ang and Violeta M. Fernandez, wherein the interest rates imposed were contested. It was established that the interest rates were imposed unilaterally by the petitioner (UCPB), rendering them unlawful,…

UNITED COCONUT PLANTERS BANK, substituted by LAND BANK OF THE PHILIPPINES, Petitioner, – versus – EDITHA F. ANG and VIOLETA M. FERNANDEZ, Respondents. (G.R. No. 222448, Resolution promulgated March 03, 2025) (CASE DIGEST)