From his office outside New Orleans, Mr. Vead can monitor the movements of about 880 subprime borrowers on a computerized map that shows the location of their cars with a red marker. Mr. Vead can spot drivers who have fallen behind on their payments and remotely disable their vehicles on his computer or mobile phone.
This appears to be the new wave of the future. Vehicle delinquency interviews will probably disappear in the intermediate future. Delinquent borrowers will be sure to call the bank or credit union when their car has been disabled and will not start. This will get their attention fast. No more knocking on doors and leaving notes on the door to call the bank.
Car chase field inspectors will eventually be replaced by such new technology.
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Richard,
I got your email about car chases today. A car chase is not for the average field inspector.,only by folks who have an in as the fellow above in this article has.
I guess im out on this type of inspection as most of your subscribers are.
SOFIBlog.com ... 352-324-6042 Florida 
Richard,
I got your email about car chases today. A car chase is not for the average field inspector.,only by folks who have an in as the fellow above in this article has.
I guess im out on this type of inspection as most of your subscribers are.
Good Luck