Uber launches loan line for drivers; learn how to apply

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The company Uber will offer loans of up to 10 thousand reais for some of its drivers and delivery people on the platform. So that you stay on top of this news, in today's article, we will provide the information disclosed by the company and show which service providers are able to request such loan.

Read more: Line of credit for Uber drivers launched by the company

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Loan application through Uber

As mentioned earlier, Uber will release a credit line of up to 10,000 reais for some of its service providers.

Such providers have some doubts about the operation of this loan and who can request it. Therefore, we will answer some frequently asked questions from the company's service providers. Check it out now:

1. How will this Uber loan work?

Such a loan will work as follows: The loan amount can vary between R$ 1 and R$ 10 thousand, in addition, it will have an interest rate of 2.99% per month. The debt payment term is 18 months.

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2. How will the debt with the company be paid?

Payment can be made through automatic debits from the drivers' earnings during the month, until the amount of the monthly installment is completed. After that, it will only be debited again in the next month.

3. Who can apply for the loan?

Not any driver or delivery person on the platform can apply for such a loan. This benefit is exclusive only to providers in the Diamond and Platinum categories of Uber Pro – the company’s partner loyalty program. In addition, the provider must be active on the platform and have completed at least 25 services provided - whether travel or deliveries. Finally, the provider cannot have any legal restriction.

4. How to apply for this loan?

To apply for this loan and check all the services available by the company, the provider must open an Uber Account. Such opening can be done through the platform’s website in “I want to open my account”. Then, if the provider meets the requirements for applying for the loan, just click on “Uber Personal Credit Account”.

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