This is absolutely true! When uber first started, it was very attractive, the money was good as more people started taking uber as opposed to taxis, but as uber increased the number of drivers, there is no cap for drivers since uber does not want riders to wait long for their rides, which is absolutely great for riders. But for drivers, it reduces their pay significantly, yet uber percentage of the fare still remains the same and actually increases as the number of drivers increase. My husband drives with uber. A year ago, he made enough to pay lease for his car as well as mine. Today he can not even make his lease!!! It is absolutely a waste of time and energy. He is better off packing shelves at walmart!! Patnering with Uber as a driver completely sucks !!!
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Wow. I'm sorry to hear how the tables have turned for your husband. Is he 'stuck' with one of the loans they mentioned in the video? What a terrible lending scheme.