News

Are These Lease-Purchase Programs Actually Just Disguised Debt Traps?

I’ve been posting for a while about my own experience with Mercer’s lease-purchase program, and I’ve seen a lot of similar stories — drivers who were set up to fail, companies that use the contract structure to pull the rug out right at the finish line.

I’m starting to wonder if these lease-purchase deals aren’t even meant to work out for the driver in the first place. They’re marketed as a “path to ownership,” but once you’re in, the fine print always seems to leave all the power with the…

Are These Lease-Purchase Programs Actually Just Disguised Debt Traps?