All lending by the Southern Cross Group (“SCG”) is secured. If you have borrowed from SCG then the loan will be secured by a mortgage and/or a security interest over assets owned by you and/or your guarantor.

If you default on your obligations under the loan and/or security documents, SGC will become entitled to call up the secured money and proceed with enforcement options. These may include a mortgagee sale of the security property, entering into possession of the land, appointment of a receiver and/or obtaining judgment and enforcement of such judgment to pay the secured moneys in full.