Lenders can remotely disable your car if you miss your loan payments

Utilizing a piece of hardware called the starter interrupt device, credit unions and other types of loan companies have started mandating the use of such devices when an auto loan is issued to a customer with bad credit. Detailed by the New York Times this week, the starter interrupt device makes a car completely unusable and is activated after a customer falls behind on car payments. Likely operating over some form of cellular signal, the starter interrupt device can be activated by someone in the loan company’s office through a program on a PC or even through an application on a smartphone.