Uber and Its Shady Partners Are Pushing Drivers into Subprime Loans

The subprime lending market that plunged America into the Great Recession is back and as unscrupulous as ever. Instead of mortgages, this time a bubble has formed around auto loans, and reliably ruthless Uber is in the thick of it. Two "partners" in Uber's vehicle financing program are under federal investigation,… » 11/04/14 2:22pm 11/04/14 2:22pm

Do Not Pay, Do Not Pass Go, Do Not Collect $200

USA Today, America's most colorful newspaper, is running a story about devices that are being used to ensure car payments are made on time or it will kill the car. It's not the most high tech device in the world, but I'm sure it works and gets the job done. A box installed in vehicles purchased with subprime loans… » 3/31/08 3:30pm 3/31/08 3:30pm