by Jeff Sovern
Last week, Brian posted a link to a NY Times story about the use of devices that auto lenders can activate to prevent a car from starting when a consumer has defaulted on a payment. In response, BHPH Report (BHPH evidently stands for "Buy Here, Pay Here") ran a piece titled PassTime Refutes Shut-Off Allegations Made in New York Times Story. PassTime was described in the Times story as a leading manufacturer of the devices. PassTime is quoted in the BHPH story as follows:
“During that time, thousands of car buyers have personally called the PassTime customer service line to thank us for helping them get car financing for a better vehicle at lower rates that they otherwise would have had access to without the device,” the company said.
It would be interesting to see the documentation for that claim.