06-12-2006, 10:52 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Punta Cana, DR
Posts: 29,916
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Late on payments? Device won?t let car engine start ( pic )
Shit, a lot of people will be walking ... 
Quote:
Device puts brakes on defaulters
System won't let engine start if car payments not made on time
LIMERICK, Pa. - Rashida Redd punched in a six-digit code in her Pontiac Grand Prix and got a new lease on life.
The 34-year-old Pottstown mother of five had to file for bankruptcy about a year ago in the face of mounting medical bills from her husband's open heart surgery. Despite her poor credit history, Redd was able to lease the three-year-old car from Williams Preowned of Limerick, Penn. on the condition that it have a starter-interrupt device.
"At least I was able to save the house," said Redd, now separated.
The device, the size of a cigarette pack and mounted under the dashboard, flashes green if she has made a car payment on time. If she misses her $94 weekly payment, it won't let her car start.
Starter-interrupt devices are becoming a popular way for lenders to ensure they get paid, and consumers seem willing to accept them to get into nicer cars, use a smaller down payment and qualify for a lower interest rate, according to device manufacturers.
Ken Shilson, managing partner at Shilson Goldberg Cheung & Associates in Houston, an accounting firm that works with auto dealers who make use of the device, said the market for them is growing.
rest of article
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__________________
I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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