How does a starter interrupt feature work?

A starter interrupt device is a relay connected to the vehicle's starter circuit. When activated remotely through our secure platform, it opens the circuit, preventing the engine from starting. The vehicle cannot be restarted until the device is remotely deactivated. This feature is typically used as a last resort for severely delinquent accounts to encourage payment or to immobilize a vehicle for safe recovery, and its use must always comply with state and local regulations.

Is GPS tracking for financed vehicles legal and compliant?

Yes, when implemented correctly. The use of GPS tracking devices for collateral management is permissible in most states, provided the borrower is properly notified and consents to its use as part of the loan agreement. It is crucial for lenders to include clear disclosure language in their financing contracts. We strongly advise consulting with legal counsel to confirm that your disclosures and practices are fully compliant with all federal, state, and local laws, including the Uniform Commercial Code (UCC).

Can your GPS platform integrate with our existing Loan Management System (LMS)?

Our platform is designed with flexibility in mind. We offer robust API integration capabilities that allow for seamless connection with many leading Loan Management Systems (LMS) and Dealer Management Systems (DMS). This DMS-integrated GPS tracking creates a unified workflow, allowing you to manage vehicle data directly within the software you already use every day, reducing manual data entry and improving efficiency.

What happens if a customer attempts to remove or disable the GPS device?

Our GPS tracking devices are equipped with tamper-alert technology. If a device is disconnected from its power source or otherwise tampered with, the system will immediately send an alert to your dashboard and designated contacts. This allows you to take swift action. Additionally, the devices feature an internal backup battery that allows them to continue transmitting their location for a period even after being disconnected from vehicle power.

How does your GPS system enhance portfolio profitability?

Our system improves profitability in several key ways. First, it reduces charge-offs by dramatically increasing the success rate of vehicle recoveries. Second, it lowers collection costs by making the process more efficient and data-driven. Third, features like payment reminders can help reduce the rate of delinquencies, keeping more loans in performing status. Finally, by mitigating risk, our GPS solutions may enable you to confidently finance a broader range of customers, expanding your market reach.

Ituran USA - GPS Vehicle Tracking, Fleet Management, Auto Finance and Vehicle Recovery Solutions

Fleet Management The most effective tool to manage operating costs, improve scheduling, monitor driver behavior, & increase fleet safety.

Auto Finance Industry The most effective GPS tool to mitigate risk, improve collections, reduce skips, & diminish delinquencies.

Consumer Sector Protect your family & vehicle. Provides you with the ability to set speed limit alerts, get live accurate location on demand, receive stolen vehicle recovery assist, & much more.

Track Your Vehicle 24/7 With 24/7 real time recovery services, you have peace of mind that you can recover your stolen vehicle.

Excellent Customer Service Highly trained, dedicated, & professional customer service personnel are available 24 hours a day, 7 days a week, including all holidays.

Works With Any Device Real-time GPS information at the tip of your finger, anytime, anywhere you are, with any type of device you use.

GPS Portfolio Management

Solutions for Auto Lenders