Wall Street Can Now Disable Your Car When You're Driving on the Freeway

[suffragette]

197. The companies say it doesn't work when car's running. Yet one paid a "confidential settlement" to

Make a case go away.

http://dealbook.nytimes.com/2014/09/24/miss-a-payment-good-luck-moving-that-car/

Last year, Nevada’s Legislature heard testimony from T. Candice Smith, 31, who said she thought she was going to die when her car suddenly shut down, sending her careening across a three-lane Las Vegas highway.
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“PassTime has no recognition of our devices shutting off a customer while driving,” Ms. Kirkendall of PassTime said.

In her testimony, Ms. Smith, who reached a confidential settlement with C.A.G., said the device made her feel helpless.



All the companies also say they only do this when payments are missed, yet the same article notes that one person had her car turned off four times even though she had met payments each time. In her case, luckily, her car was not on the road, but one of those times was when she needed to take her daughter to the hospital.


Of course, the last thing these companies want is for any of this to be regulated in any meaningful way.