The first step in the auto loan modification process is to obtain your personalized Options Report.
Think of it as similar to your Appraisal Report when buying a new home. This document will provide you with detailed explanation of your options, pros and cons for each one of them and present alternatives for your consideration.
You will receive your Options Report™ in printed format, delivered directly to your home. It typically takes between seven to ten days to prepare your report and have it ready for review.
Once you receive your Options Report™, please verify that all information is correct.
Review the check list, make copies of the requested documents, sign, date and seal up in the pre-paid addressed envelope to your lender. That's it!
If the lender refuses to cooperate or discuss a modification solution with you, Auto Loan Modifications Group can help. We offer a service to purchasers of our Options Report™ that empowers our financial consultants to contact the lender on your behalf and negotiate a desirable loan modification.
We encourage you to attempt the modification yourself. In the event you need additional support to complete the modification, we are willing to help. The modification service is available by calling 1-885-390-AUTO.