A passenger exits a taxi on Fifth Avenue in New York on Thursday, September 3, 2015. Because of the rise in Uber and other apps taxi medallions have decreased in worth to about $900,000 with loan delinquencies on the rise. The Melrose Credit Union has $168 million in delinquencies as of May 2015 while in January 2014 it had only $32,000. In the next six months Melrose has $212 million in maturing loans which many owners will be unable to pay. (© Richard B. Levine)


Size: 5322px × 3548px
Location: new york ny usa north america
Photo credit: © Richard Levine / Alamy / Afripics
License: Licensed
Model Released: No

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