the security light came on about 2 days ago and won't go back off. on 1999 Oldsmobile 88

the light stays on but I'm not having any problems. Am I going to have problems and if so, what do I need to do to fix it before it happens. Thanks!

by in Marshfield, MO on February 09, 2012
2 answers 3 comments
ANSWER by on February 09, 2012
DOES YOUR KEY HAVE THE SMALL BLK CHIP ON THE GROVED PART
COMMENT by on February 11, 2012
Yes, my key has that small blk chip.
COMMENT by on February 11, 2012
you may have a problem with the ignition switch assmembly.see automotive lock smith,he will help
COMMENT by on February 11, 2012
Thanks for the info!
ANSWER by on October 01, 2014
yep,your going to have problems! sorry.Your V.A.T.S. system is screwing up.It could be the resistor in your key going bad or it could be the actual device in the steering colum.When the light begins to blink,and your car will not start because the starter and fuel pump wont work,try your other key.if it works your resistor in the key is going bad.If it still doesn't start with other key you need to install a bypass which you can find out how by searching VATS bypass. im doing mine this weekend.im buying it rather than making one,34.00 dollars