Ars Technica reports the Federal Trade Commission is investigating an auto lender that requires borrowers of subprime loans to attach GPS starter-interrupter devices, also known as kill switches, on purchased vehicles. The devices can constantly monitor the location of the vehicles and shut the car off and prevent it from being started, making repossession easier. In a Securities and Exchange Commission filing, Michigan's Credit Acceptance Corp. said it had received a civil investigative demand from the FTC. According to the report, there are approximately 2 million kill switches attached to vehicles around the country. The FTC's investigation will likely focus on whether drivers are given adequate notice that they're being tracked and whether that is an acceptable business practice.
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