“Car Dealers avoid new regulations”, informs Auto Relief Group

May 18, 2010 - PRLog -- President Obama is taking serious steps to protect the consumers/ car buyers against financial fraud and abuse. Strict regulations will be imposed which will hamper the financial business of car/ auto dealers.

“Auto dealers argue that they are mere intermediaries for financial institutions and banks that ultimately provide loans to auto buyers. The financial regulation by Obama is highly opposed by almost 18,000 car dealers”, informs Jeffrey Taylor of Auto Relief Group. He further adds, “The more regulations added for auto/ car dealers will burden the consumers as their expenses will show a steep increase”.

Borrowers are usually not aware of the hidden fees, some confusing terms and conditions and expensive add-ons to the contract which adds to the expenses account of the borrower. The regulations will protect consumers against exploitation.

If a consumer is already facing problems in making payments for their auto loan, they can go for an auto loan modification procedure. It takes only 3-5 weeks to lower the payment up to 50%. Auto Relief Group is a company that provides excellent modification services.

Jeffrey explains the process ARG follows to modify the loans of their clients,

“First step to understanding things is to call them their real name. After you Sign Up for our service, we will develop and deliver a comprehensive report listing all of your available options in English or Spanish...

View detailed analysis of your current loan terms, payments, vehicle value and projected depreciation and compare to any of the proposed options for a complete picture of what, when and why.

Once ready to move forward with any of the options contained in your comprehensive written report, ARG is ready to assist you throughout the entire process from contact to close”.

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 restructuring their car loans.

Website: http://www.autoreliefgroup.com
LinkedIn: http://www.linkedin.com/in/autoreliefgroup
Facebook: http://www.facebook.com/pages/Auto-Relief-Group/236140792410