Erin tried to buy her first car when she was young and had no credit history.

“I didn’t have anybody to cosign,” she said.

The interest rate on a car loan for her was going to be astronomical. But a device called Passtime helped her establish credit and buy a car.

Passtime is affixed to a car and prevents it from starting if the owner doesn’t make loan payments on time. It’s targeted toward people with no credit history or poor credit scores.

“If you were a consumer with bad credit and you tried to go to buy a car, you’re often going to get turned down,” Chris Macheca of Passtime said.

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