I have seen the contracts for "buy here, pay here" sub prime used car loan lending places, and the contract language is REALLY CLEAR about the installation of a GPS-based device that has enforcement ability over the engine control computer/fuel injection/starter system. You have to be delinquent to get shut off.
But that said, the average person who is buying a $9,000 used car with terrible credit is highly unlikely to read and comprehend the full text of the loan contract.
But that said, the average person who is buying a $9,000 used car with terrible credit is highly unlikely to read and comprehend the full text of the loan contract.