Subprime auto lender facing FTC inquiry over GPS-tracking kill switches [telecom]
The US Federal Trade Commission is investigating an auto lender that often requires subprime borrowers to have so-called GPS starter-interrupter devices enabled on purchased vehicles.
The so-called kill switches, which can monitor a vehicle's constant whereabouts, also have the remote ability to shut a car off and to prevent a car from starting. This makes it easy for lenders to repossess the car for missed payments. But this modern-day version of the repo-man raises both safety and privacy concerns.
Posted 5 years ago by Monty Solomon in General Telecommunications Forum
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