"The thermometer showed a 103.5-degree fever, and her 10-year-old’s asthma was flaring up.
The cause was not a mechanical problem — it was her lender.
Ms. Bolender was three days behind on her monthly car payment.
Her lender, C.A.G. Acceptance of Mesa, Ariz., remotely activated a device in her car’s dashboard that prevented her car from starting.
Before she could get back on the road, she had to pay more than $389, money she did not have that morning in March.
This new technology is bringing auto loans — and Wall Street’s version of Big Brother — into the lives of people with credit scores battered by the financial downturn.
No comments:
Post a Comment