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Here's an example: https://ww2.kqed.org/news/2015/04/24/one-uber-drivers-story-how-he-was-trapped-by-auto-loan-program/ https://ww2.kqed.org/news/2015/04/24/on

Here's an example: https://ww2.kqed.org/news/2015/04/24/one-uber-drivers-story-how-he-was-trapped-by-auto-loan-program/ https://ww2.kqed.org/news/2015/04/24/one-uber-drivers-story-... This part in particular: > When Brunelle got home, he realized he had signed a loan with a 22.75 percent interest rate. That means he will end up paying around $49,000 on a Kia Optima that normally retails for about $25,000.

mootothemax 9y ago
Which is beyond scandalous when Uber are also trying to do self driving cars ASAP and remove the need for drivers entirely. It really makes me question the morals of the person or people who signed off on both of these. Edit: I mean, the loans are terrible enough, and then they try to make the same drivers redundant? Disgraceful.
- ithinkinstereo 9y ago
  But it's so _convenient_ and something something Taxi cartel!