[ad_1] The conditions only got worse for borrowers who missed their payments. Falling short by just a day could raise the APR as high as 876 percent. Also, the apps reportedly scraped phone contacts to harass family, friends and others with calls and texts in hopes this would pressure customers into paying up. These same […]
Category: loan
Uber’s next business idea: Lending money to drivers
[ad_1] The survey reportedly asked drivers if they have taken out any small loans of $1,000 or less in the last three years. It also asked “If Uber provided loans, what amount are you most likely to request?” The question offered drivers answers including “Less than $100,” “Between $100 and $250,” “Between $250 and $500” […]