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Repo Men Using New Technology To Track Cars

February 27th, 2010 02:02 admin Leave a comment Go to comments

kamapuaa writes “The NY Times has an article about how real-time license plate scanning is changing the car repo business. MVTRAC is one of several companies providing technology to track car license plates automatically, in order to populate private databases. This new tech is used by car repo companies to help banks or other lenders repossess cars; by police to find stolen cars or to locate ticket scofflaws; or really for whatever application MVTRAC and its competitors feel like pursuing, as the new-found industry lacks any kind of government oversight.”

Source: Repo Men Using New Technology To Track Cars

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