1. Preface

Due to the high social and economic pressure, purchasing a car with a mortgage has become an increasingly popular choice for more and more people, which is a good thing. However, the problem of car credit risks is becoming more and more prominent. Ultimately, the problem lies in the fact that banks do not have the ability to control risks. They conduct simple customer surveys, and there is almost no tracking after obtaining a loan, resulting in no guarantee of repayment; Secondly, insurance companies do not have a comprehensive claims protection system to bear risks for sellers.
Difficulties in credit demand

High amount, inadequate insurance system;
The autonomous lending business increases the difficulty of management and risk control;
Car fraud and loan fraud incidents are becoming increasingly frequent;
Car owners default on car loans, resulting in bad debts and causing great risks;
Despite multiple home visits and multiple guarantees, the risk of car loan business still cannot be reduced;
Wanting to recover the loan vehicle requires a lot of manpower and resources, but the effect is still not good;
Unable to accurately track the whereabouts of the loan vehicle in a timely manner and unable to control the vehicle.

2、 System concept

Collaborating with GPS operators can help reduce the risk of insurance vehicles being stolen or robbed by insurance companies, effectively shorten the time to reach the accident site, organize timely rescue efforts, and ultimately reduce the amount of compensation paid by insurance companies. Once a customer report is received, the monitoring center can notify the nearest survey vehicle to the scene of the accident in the shortest possible time, scientifically dispatch survey and claims personnel, reduce customer waiting time, and provide customers with faster services.

In view of the big problem of risk control of Internet auto finance, our company has customized a wire free monitoring type positioning terminal for Internet auto finance auto loan business and combined with the vehicle supervision system, which can greatly reduce risks and achieve intelligent vehicle management.
--Real time vehicle positioning query has established a fast, accurate, and effective information transmission channel between credit leasing companies and vehicles;
--The device is installed in a hidden manner and tracked in secret, making it impossible for rental customers to detect;
--Alarm for vehicles crossing boundaries and routes, effectively controlling the movements of credit leasing vehicles and customers, detecting problems in a timely manner, and improving the speed and ability to respond to incidents;
--Vehicle driving report, including daily and monthly mileage statistics, accurately records the mileage and time of customers after renting a car, providing effective data for business settlement and billing;
--Remote control of vehicles, setting up electronic fence alarms when entering specific areas, and alerting once entered;
--Emergency accident reporting, providing timely vehicle rescue services to customers, improving user satisfaction, and enhancing the company's image;
--We provide one-on-one accurate tracking for overdue car payments and problematic customers, with 24/7 monitoring of users. The positioning frequency can be set to seconds to minimize risks.

3、 System composition

3.1 Wireless monitoring type: ZB-105A

No wiring required, low installation cost, compact size, and more flexible installation location. GPS+LBS dual positioning, anti blocking and anti search dual protection function. Long standby time of three years, one data per day, using three CR123A Panasonic original disposable batteries to ensure battery life. When encountering an emergency situation, the device can execute real-time reporting commands (with a minimum interval of 1 minute) on the next wake-up by sending commands through SMS or platform. Built in light sensing sensor, if the user disassembles the device, it will immediately report an alarm. The device is reusable (battery replacement).

1. Small size, easy to install and hide
2. Support GPS+LBS dual positioning
3. Support light sensing dismantling alarm, strong magnetic installation free
4. Anti counterfeiting base station technology, false base station alarm
5. Three years of ultra long standby (one data per day, using Panasonic original batteries to ensure battery life)

Working mode: Under normal circumstances, the device is located at the base station. If there is an abnormality in the vehicle, GPS positioning can be enabled to track the vehicle in real time, fake base station alarms can be triggered, and timely risk management for financial car loans, vehicle rentals, and other vehicle risks can be carried out

3.2 Service Platform
● Scheduled query: Select the target and expected return time interval, and control the vehicle to return GPS positioning data at regular intervals.
Regional alarm: set to restrict vehicles from entering or leaving a specific area. Once the vehicle leaves or enters the specific area, the vehicle will automatically send a regional alarm status message.
● Playback, query, and maintenance of driving trajectories: All GPS positioning data sent by vehicles have trajectory records in the database, and the selected date can be replayed and queried.
Intelligent car tracking: Automatically and real-time plan the tracking route, lock the vehicle's position, and easily control the vehicle's direction. If the vehicle signal disappears, the system intelligently analyzes the last position of the vehicle and automatically searches for suspicious points such as parking lots and maintenance points within a radius of 500 meters. At the same time, provide frequent reference points for users.
● Addition, modification, deletion, and printing of vehicle information: Basic information of the vehicle is recorded, including vehicle number, license plate number, brand model, vehicle color, vehicle type, and vehicle load capacity.
Unified management to reduce management costs

4、 Program features

1. The installation cost of wiring free equipment is 0 yuan, and the installation is more concealed, with a standby time of up to three years.
2. For pledged vehicles, if there is any abnormal situation, a text message reminder will be immediately sent to the risk control personnel.
3. The device supports GPS+LBS multi base station positioning, and can also locate the basement without GPS signal.
4. The platform supports multiple ways to check cars: computer client car check, mobile APP car check
5. Anti disassembly alarm, in a dark environment during sleep, detects the alarm from dark to light and alerts the platform. (Controllable switch, default on)
6. Anti counterfeiting base station, if the terminal detects a fake base station, it will reject the connection and prevent detection.
7. The platform adopts Alibaba Cloud servers and supports millions of concurrent data, ensuring no data loss or crashes, and guaranteeing the security of vehicle data.