[VIDEO] The Remote Repo Man

October 1, 2014

As people inevitably default on their subprime auto loans, dealers turn to a variety of ways to retain their merchandise, sometimes with hazardous consequences.

 

https://nyti.ms/1qwkB8x

 Questions:

  1. Do regulatory agencies need to clearly define when a borrower is in default?
  1. Should lenders be able to turn off a moving car?

From The New York Times