US EditionYes, Rideshare Drivers Have a Home Loan Option
- Digital gig workers, including rideshare drivers, can qualify for a mortgage.
- Lenders are increasingly seeing gig workers apply, though approvals can be difficult.
- Lenders assess cash flow and ability to repay, focusing on tax returns.
- Larry Maitlin of Luxury Mortgage said non-QM lenders offer creative solutions.
- Gig workers need good credit, savings, and stable income to qualify.
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Uber and Lyft drivers in California could get the right to unionize under this bill
Two California Democrats have introduced a bill that would allow rideshare drivers to bargain with gig companies, including Uber and Lyft, for better pay and certain benefits. The measure, Assembly Bill 1340, is likely to face steep opposition from the gig companies that rely on thousands of independent workers to keep their services operating at an accessible price point. “The bill would empower rideshare drivers with the right to organize for …
Coverage Details
Total News Sources44
Leaning Left4Leaning Right11Center11Last UpdatedBias Distribution42% Center, 42% Right
Bias Distribution
- 42% of the sources are Center, 42% of the sources lean Right
42% Right
15%
C 42%
R 42%
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