Uber told motorists this week about loans that itвЂ™s building a new financial product and asked them. Experts are involved it may be a loan that is payday thatвЂ™s predatory.
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Uber can be considering lending cash straight to motorists, centered on a current study it delivered down to a number of its fleet. Drew Angerer/Getty Images
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Uber is apparently examining the choice of straight offering loans that are financial its motorists.
The ride-hailing giant sent an in-app message for some motorists this week saying it is вЂњbuilding an innovative new monetary itemвЂќ to simply help Uber motorists making use of their funds вЂњin a period of need,вЂќ and asked recipients to fill a survey out.
вЂњHave you taken away a loan that is smallof a buck quantity below 1,000 USD) within the previous 36 months?вЂќ reads certainly one of four questions. Another asks: вЂњIf Uber supplied loans, exactly exactly just what quantity have you been most very likely to request?вЂќ (The choices to respond to range in brackets of вЂњLess than $100,вЂќ вЂњBetween $100 and $250,вЂќ вЂњBetween $250 and $500,вЂќ and вЂњMore than $500.вЂќ)