The general security agreement gives the lender a right to register security over all past and future property. Once security is registered on the PPSR, it gives the lender a claim over your personal property in the event you default on your loan.
The general security agreement gives the lender a right to register security over all past and future property. Once security is registered on the PPSR, it gives the lender a claim over your personal property in the event you default on your loan.