Easing loan terms

Description

Easing loan terms involves modifying existing loan agreements to provide more favorable conditions for borrowers, such as extending repayment periods, reducing interest rates, or offering grace periods. This strategy aims to alleviate financial distress, prevent defaults, and support economic stability by making debt obligations more manageable. It is commonly used to assist individuals, businesses, or countries facing temporary financial hardship, thereby promoting recovery and reducing the risk of insolvency or economic collapse.