Miss a car payment? Technology prevents drivers from moving vehicles

A growing number of subprime car owners must deal with restrictions, such as ignition locks if payments are missed.

Published Thu, Sep 25 2014 1:40 PM CDT   |   Updated Tue, Nov 3 2020 12:14 PM CST

Much of the attention related to car technology is focused on in-car features to woo potential buyers - but not the technology that could prevent a vehicle from starting. A harsh lesson for those people late on car payments, as lenders are using technology to prevent vehicles from moving until payments are made.

Miss a car payment? Technology prevents drivers from moving vehicles | TweakTown.com

Subprime auto loans have increased over the past five years - 25 percent of car loans in 2013 were made to people with credit scores at or below 640 - so vehicle lease holders want to try to protect themselves if payments aren't made. The starter interrupt device provides lenders the ability to remotely disable locks, along with track vehicles via GPS.

However, customers have complained that their vehicles have been shut down for payments just a few days late - or randomly shut down while waiting in traffic - further igniting a car technology debate.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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