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It is estimated that consumers spend almost around $20 billion against excessive interest rate per year. Such a high amount is lost from consumer's pockets only because they enter into a contract with car dealers who offer a high interest rate to avail high profits. Usually car dealers borrow loan at wholesale interest rates and then lend to borrowers at a higher interest rate. "A borrower must always do proper researching before opting for an auto loan. Some people usually get trapped by auto dealers and end up paying high interest rates. The burden of paying a higher monthly payment leads the borrowers to go for an auto refinancing option. This helps them lower their interest rate and monthly payments", explains Anthony Tribunella, Expert and Director of Operations at Auto Relief Group. "Another option to lower your interest rate can be a loan modification procedure. Loan modification service providers negotiate and renegotiate loan terms with the banks and financial institutions and convince them to agree on terms that are beneficial to the borrower and ultimately reduce the financial burden of them", Anthony adds further. For the past fifteen years, the Modification Specialists of the Auto Relief Group have been helping consumers in all aspects of the car and financing business, and due to the current recession, have decided to dedicate themselves to assisting consumers renegotiate their car loan or lease, avoid repossession and maintain ownership of their vehicle by working directly with lenders to restructure loans, extend terms or reduce payments. About Auto Relief Group Auto Relief Group offers Car Loan Modification service, we assist car owners in renegotiating their car loan or lease, avoid repossession and maintain ownership of their vehicle by working directly with lenders to restructure loans, extend terms or reduce payments. We provide our clients with customized reports, expert advice and negotiation assistance when restru

A subprime auto loan is a kind of auto loan provided to borrowers with low credit scores. While providing auto loans lenders generally look for borrowers with high credit scores. But sometimes loans are also provided to borrowers with low or bad credit scores. This is when subprime auto loans come into picture.

A subprime auto loan is a kind of auto loan provided to borrowers with low credit scores. While providing auto loans lenders generally look for borrowers with high credit scores. But sometimes loans are also provided to borrowers with low or bad credit scores. This is when subprime auto loans come into picture

A subprime auto loan is a kind of auto loan provided to borrowers with low credit scores. While providing auto loans lenders generally look for borrowers with high credit scores. But sometimes loans are also provided to borrowers with low or bad credit scores. This is when subprime auto loans come into picture

Auto loan refinancing is one of the best ways to save your money. You could refinance your car loan and lower your payments to a great extent. While refinancing auto loan, the borrower chooses a different lender offering lower interest rate to refinance the auto loan and the borrower eventually pays off the current auto loan.

Auto loan refinancing is one of the best ways to save your money. You could refinance your car loan and lower your payments to a great extent. While refinancing auto loan, the borrower chooses a different lender offering lower interest rate to refinance the auto loan and the borrower eventually pays off the current auto loan. Since the interest rate is lower the monthly payments are lowered and that helps you save a lot amount of money in your payments.

A subprime auto loan is a kind of auto loan provided to borrowers with low credit scores. While providing auto loans lenders generally look for borrowers with high credit scores. But sometimes loans are also provided to borrowers with low or bad credit scores. This is when subprime auto loans come into picture

Auto loan refinancing is one of the best ways to save your money. You could refinance your car loan and lower your payments to a great extent. While refinancing auto loan, the borrower chooses a different lender offering lower interest rate to refinance the auto loan and the borrower eventually pays off the current auto loan.

FICO, created by The Fair Isaac Corporation as the first credit scoring system for a bank credit card in 1970, is the representation of your credit worthiness, i.e., your risk to your auto lender. If your score is less, you will not be fit for a loan. So, more your score, less risky you are. That shows you will not run away, but you will pay!

For the past 15 years, Auto Relief Group (ARG) has acted as an advocate for consumers. Auto Relief Group works directly with lenders to modify loans or leases, helping consumers achieve monthly savings through interest rate reduction or term extension.

Credit score Most of the auto lenders will look into one of your FICO® scores to determine the rate they will offer you.

Credit score Most of the auto lenders will look into one of your FICO® scores to determine the rate they will offer you.

For the past 15 years, Auto Relief Group (ARG) has acted as an advocate for consumers. Auto Relief Group works directly with lenders to modify loans or leases, helping consumers achieve monthly savings through interest rate reduction or term extension.

After the great recession last year, many of the broker and lenders have ventured in to loan modification. While the real estate broker took over home modification and others tried in different lines. Yes, these companies have sprung up in recent times. But when there is demand there lays the supply. When people started feeling the brunt of high interests and defaulted payments, they reached modification companies- as one of their best options.

Car loan modification will be structured in such a way after dealing with your lender that it will be easy for you to pay off your loan. For examples; with term extension, if you currently have 5 years to pay your car loan, and the length of time is increased to 6 years, because you'll have more time to pay off your debt....

When recession was at its peak, it was easier for us to negotiate loan terms with banks and other financial institutions/ lenders", says Jeffrey Taylor, Director of Sales at Auto Relief Group. ARG is a loan modifying Service Company based in Florida having an experience of fifteen years in helping the clients lower their monthly payments.

Car loan modification will be structured in such a way after dealing with your lender that it will be easy for you to pay off your loan. For examples; with term extension, if you currently have 5 years to pay your car loan, and the length of time is increased to 6 years, because you'll have more time to pay off your debt, each monthly payment will be less.

Lenders hate wasting more time and money on "bad" deals and prefer to get constructive proposals that make sense. Hence, negotiation and renegotiation becomes easier, especially at times of recession. We understand the things people have been through during this difficult phase of recession hit economy.

Whenever people think of buying a car (whether they have sufficient fund or not) the first question they get is, "is it the right time to buy the car", "when is the best time to buy a car". There is no reason to consider them as wrong. He argues even the people who laugh at this will ask the same...