Loan repay enforcement system
First Claim
1. A method of disabling a vehicle comprising:
- initializing a vehicle disablement apparatus by loading a payment interval;
receiving a code via a keypad;
comparing the code received via the keypad with a reference code; and
disabling a system which supports causing ignition in an engine of the vehicle if, prior to the expiration of the payment interval, there is no agreement between the code received via the keypad and the reference code, wherein said system includes only components not dedicated to directly causing a spark to initiate combustion.
1 Assignment
0 Petitions
Accused Products
Abstract
A system to encourage on time repayment of loans includes electronic apparatus coupled to a critical system of certain equipment; for example, the ignition system of an automobile. Apparatus includes mechanism whereby a user-operator is able to enter a code. Entry of a correct code serves as indication that a payment has been made and enables further use of the equipment. On failure to timely make payments, a user is prevented from using the equipment as the apparatus is arranged to disable the equipment by way of the critical system to which it is coupled. Both a user-operator interface and critical system interruption circuit are coupled to a logic processor which is easily mounted onto equipment subject to the program.
17 Citations
14 Claims
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1. A method of disabling a vehicle comprising:
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initializing a vehicle disablement apparatus by loading a payment interval;
receiving a code via a keypad;
comparing the code received via the keypad with a reference code; and
disabling a system which supports causing ignition in an engine of the vehicle if, prior to the expiration of the payment interval, there is no agreement between the code received via the keypad and the reference code, wherein said system includes only components not dedicated to directly causing a spark to initiate combustion. - View Dependent Claims (2, 3, 4, 5)
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6. A method of disabling a vehicle comprising:
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initializing a vehicle disablement apparatus by storing a plurality of reference codes;
receiving a code via a keypad;
comparing the code received via the keypad with the one of the reference codes; and
disabling a system which supports causing ignition in an engine of the vehicle if, prior to the expiration of a payment interval, there is no agreement between the code received via the keypad and the reference code, wherein said system includes only components not dedicated to directly causing a spark to initiate combustion. - View Dependent Claims (7, 8, 9, 10)
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11. An apparatus for disabling a vehicle comprising:
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a memory which is loaded with a payment interval during initialization of the apparatus;
a keypad which a receives code;
a processor which compares the received code with a reference code; and
an interruption circuit which disables a system which supports causing ignition in an engine of the vehicle if there is no agreement between the received code and the reference code prior to the expiration of the interval, wherein said system includes only components not dedicated to directly causing a spark to initiate combustion. - View Dependent Claims (12, 13, 14)
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Specification