If you stop payments, the car won't start

The Chicago Tribune reports:

When Delilah Grant of Chicago's West Side went shopping for a car, she knew her recent bankruptcy would make dealers wary of lending her money.

But as she shopped among the used-car lots on North Cicero Avenue, she found a dealer that offered her a loan--with one big catch: No dough, no go.

A microchip in her car would disable the starter if she didn't make her payment on time.

The private sector and contract enforcement.You'll want to read the whole article.