>disabling one's transportation and, thus, reducing one's likelihood to arrive to work on time does not reduce delinquency. The amount of people who would pay,

>disabling one's transportation and, thus, reducing one's likelihood to arrive to work on time does not reduce delinquency. The amount of people who would pay, if only they could drive to work, is less than the people who won't pay, unless they're stuck with an inoperable car. There's plenty of repossession channels on YouTube like RepoNut just showing the day to day life of a repo man. There's plenty of videos where clearly the debtor can't pay but there's quite a few where the debtor comes out the second the car is lifted and calls the bank to pay the repo fee and enough to make the account current immediately. Not to mention the videos where the car is blocked in in an attempt to keep it from being towed with something like a new looking jet ski. One big benefit here for lenders is that in cases where the debtor can pay they're probably going to immediately pay it without having to go through the expense of hiring a repossession company and where the debtor can't pay and it needs to be repossessed, they have the location and there won't be any attempt to drive the car somewhere to hide it or park it inside a fence, etc. Also cuts down on the motivation to stifle a repossession attempt as well if it's already a brick.