Vehicle financing terms inferior to company marketing promises

The Federal Trade Commission flagged Uber providing drivers with financing terms inferior to what its marketing materials promised. The FTC said drivers received worse rates on average than consumers with similar credit scores would otherwise obtain. Uber further promised that its leases provided unlimited mileage, though there were actually mileage limits. Details in the FTC’s complaint.

Uber paid $20 million to settle these claims (along with claims about exaggerated annual and hourly earnings). The funds were used to provide refunds to affected drivers