4G Beidou GPS locator realizes intelligent vehicle supervision

4G car GPS locators play an important role in the auto finance risk control industry and have been widely used by major auto loan mortgage companies. The purpose of installing a 4G Beidou GPS locator on a car is to prevent users from not repaying the loan on time or making a second mortgage. The following Eelink Communication Technology Co., Ltd. introduces the advantages of using GPS locators in auto finance.

1. Early warning and monitoring of abnormal vehicle behavior

The 4G Beidou GPS locator serves as an information receiving terminal, which can collect and record vehicle information and send it to the server. Risk management personnel can analyze the historical trajectory of the vehicle based on these data, including the daily driving route, how long it stays, and the frequently visited places, so as to infer the daily activity range of the owner. They can also set up an electronic fence area, and when the vehicle suddenly deviates from the previous range, it will immediately send an alarm message to remind the auto finance company to pay attention to the vehicle. In this way, suspicious vehicles can be accurately investigated and timely alarm notifications can be sent to risk control personnel, which greatly improves the efficiency of risk control and helps companies reduce risk control costs.

2. Effectively control the risk of bad debts and control the movement of vehicles

Whether it is a bank or an auto finance company, the purpose of its requirement to install a 4G Beidou GPS locator on mortgage vehicles is to keep track of the vehicle's dynamics. If the car owner fails to repay the loan in time as required, the risk management personnel can check the real-time location of the vehicle through the GPS locator, recover the vehicle in time, and ensure that the company's property is not lost.

3. Behavior prediction, risk control analysis

After installing a 4G Beidou GPS locator on the loaned vehicle, the location of the vehicle can be checked at any time. When it is found that loan vehicles frequently appear in sensitive places such as second-hand car trading markets, car mortgage pawns, vehicle maintenance points, borrowing companies, mortgage points, etc., you can promptly intervene in the investigation. See if the other party has dismantled the car loan GPS locator or pledged the vehicle to another company for a second time to recover the company’s losses in time.

The 4G car GPS locator is not only one of the tools in the automotive financial risk control, but also one of the most direct technical means. In addition to being a business guarantee, it is also a manifestation of enterprise specialization. Today, with the continuous improvement of GPS positioning technology, Earink Communication Technology Co., Ltd. will assist the auto finance and risk control industry to achieve more intelligent vehicle supervision.

Tag: 4G Beidou GPS locator,GPS locator advantages,GPS positioning technology