car pawn loan Caledon Ontario

February 24, 2020

Can Car Pawn Loan Caledon Ontario Companies Install a GPS Tracker on Your Collateral?

Many people with poor credit scores have turned to title loans to help them out of tight spots. While it is easy to qualify and apply for these loans, lending companies will have to safeguard their interests too. Many finance companies, auto dealers, and even credit unions use technology to do this. But is it legal for companies offering a car pawn loan Caledon Ontario to install GPS trackers or immobilizers in your car? Is It Legal for Title Loan Companies to Install GPS Trackers on Your Car? Yes, finance companies can put a Global Positioning System (GPS) tracker or an immobilizer on your car as long as you agree to it as a condition of your loan contract. The […]