Auto Indirect

Yes.

Alabama does not regulate the installation and use of starter interrupt or GPS tracking devices. Therefore, the better view is that a creditor may install and use a starter interrupt and GPS tracking device for collection purposes, as agreed between the parties.

Public policy and continued regulatory scrutiny indicate that starter interrupt and GPS tracking devices should be used only if the creditor has:

• obtained the consumer's consent to use GPS tracking from the vehicle;
• fully disclosed before the vehicle purchase the terms and conditions of the installation and use of the GPS tracking or starter interrupt devices;
• complied with state pre-repossession notice requirements, right to cure requirements, and other consumer protections that apply to a secured party attempting to enforce a security interest in the collateral.

December 16, 2019   Show Redlined Changes