You didn't say what company it was, but it really doesn't matter because whether it's a school or a company that's been in business for many years, they are all the same with their setup of Lease Ops.
It's not a scam and it's all on you for not reading through all the paperwork and understanding it before you signed it. If you really think it was a scam, take all your paperwork that you signed and your receipts and have a lawyer look at it. I bet you will find that you were not scammed.
Pay off that $3,100 and go to a company and be a company driver. Don't ever be a LO! Very few people make it as a LO and as a company driver I make more money then 99% of the Lease Operators.
Laura
You didn't say what company it was, but
Sorry, I hadn't looked at the title when I opened up this post....just how long ago it had been written.
Never heard of that company, but like I said in my previous post it doesn't matter. All companies that do the Lease Operation, do it for their benefit and not the benefit of the LO. As for you not getting detention, it depends on if the company you're picking up the load from or the receiver, if you get detention. I get detention sometimes with my company on the loads going from California to the Denver area. However, the meat loads I haul to the Port of Oakland, they do not pay detention and my company does not either...so it's not a given that you would get it. As for layover pay, I get it when I break down and sometimes when I have to wait more than 24 hours for a load, which is almost never. A couple guys I know were LO's and they didn't get layover pay because it is "their truck".
Laura
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I was a lease/op at this company for about 5 1/2 weeks. After all expenses and taxes (1099) I averaged $500/week. I didn't take any time off and was running on recap hrs most of the time. They get their loads off of load boards and brokers. Good luck getting paid for detention (there was a LOT of that), or layover. When I realized that it wasn't worth all the hard work, I resigned and turned the truck in. At that point they had over $1,200 in an escrow account and a little over $1,100 in a maintenance account. The settlement check was NEGATIVE $3,100. I supposedly OWED them $3,100. They had all kinds of fees on the paystub that I had never been told about. It was all erroneous charges just to keep the escrow money. This is a scam operation! Stay away..