Miss a Payment? Good Luck Moving That Car

Started by walkstall, September 25, 2014, 08:22:05 AM

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walkstall

What next locking your toilet if you don't pay your water bill on time.

snip~
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.

more @
http://www.cnbc.com/id/102032016?__source=xfinity|mod&par=xfinity
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

This mates well with my thread about the "Smart Meter" having the ability to track what and when you use an appliance.
Take it a step further, where they could stop your use of an appliance. They can do it already if you're on a cost savings program like the one here in Ca, when the demand on the grid hits critical, they simply turn off your air conditioner.
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