For car mortgage loan companies, customers' failure to repay on time, or even transfer or sell mortgaged cars, is the biggest risk factor. For this reason, many car mortgage loan companies hav
source:Industry News release time:2023-10-26 Hits: Popular:realtime gps tracker online

For car mortgage loan companies, customers' failure to repay on time, or even transfer or sell mortgaged cars, is the biggest risk factor. For this reason, many car mortgage loan companies have installed GPS positioning systems for the mortgaged vehicles, which are used to monitor the vehicle position and promptly retrieve the mortgaged vehicles to recover losses. Ordinary GPS locators have the advantages of accurate positioning, traceable trajectory, real-time online, etc. However, they must be connected to the vehicle line, which is easy to detect along the vehicle line. Even if the installation is concealed, it is easy to detect the position of the GPS using relevant equipment due to its 24-hour power on to send information, and then remove it. To this end, car mortgage loan companies are also installing ultra long standby wireless GPS locators, enabling and tracking vehicles in a timely manner once the wired GPS is damaged, reducing losses.
Recently, Zhang, a customer of xx Financial Company, borrowed over 200000 yuan from the company through vehicle mortgage. According to convention, the financial company installed a GPS positioning system on Zhang's mortgaged vehicle. However, on June 25, 2022, company management personnel discovered that the wired GPS installed on Zhang's vehicle was offline. After being identified by technical personnel, it was determined that the GPS had been damaged. The financial company's business personnel failed to contact Zhang, and the phone was still unable to be connected. However, Zhang was not aware that a wireless ultra long standby GPS locator was installed in the hidden area of the vehicle. Through the wireless GPS, he learned that the vehicle passed through Heze, Shijiazhuang, and eventually ran to Harbin. So the financial company's external visitors decided to search for the vehicle through wireless GPS, so they changed the daily transmission of location information to hourly transmission. When approaching the vehicle, they used remote commands to increase positioning accuracy, monitor frequency, and activate satellite full speed mode to transmit the vehicle's position, status, driving speed, etc. every 30 seconds. The vehicle was quickly found.
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