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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.

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.

It was due to recession, when Federal Reserve had lowered interest rates to help borrowers pay back their debts at low cost. However, with the improvement in economy, the lending rates are expected to increase.

It was due to recession, when Federal Reserve had lowered interest rates to help borrowers pay back their debts at low cost. However, with the improvement in economy, the lending rates are expected to increase.

It was due to recession, when Federal Reserve had lowered interest rates to help borrowers pay back their debts at low cost. However, with the improvement in economy, the lending rates are expected to increase.