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Wall Street loans Uber $1 billion to offer subprime auto leases - The Verge

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The Verge

Wall Street loans Uber $1 billion to offer subprime auto leases
The Verge
Uber, which has recently been trying to appease its drivers, has secured a $1 billion loan in a deal led by Goldman Sachs to underwrite new car leases for drivers, Bloomberg reports. The ride-sharing giant's wholly owned subsidiary, Xchange Leasing ...
Uber's Subprime Auto Leases Sound Awfully PredatoryCityLab

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