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The difference between Uber and other subprime lenders, like mortgage companies, is that the recipients can actively become lower credit risks. They can just dr
by ivankirigin 10y ago
The difference between Uber and other subprime lenders, like mortgage companies, is that the recipients can actively become lower credit risks. They can just drive the car. At the rates Uber pays, probably around a full day a month.
So not only is this expanding credit options, it's expanding labor options.