Oh my bad I guess money is a scam to you as well. Agents make outlandish income claims that consumers can make more than $1,000 weekly in the scheme and earn bonuses of tens of thousands of dollars. Ugh. and is refundable but most people dont know that, You can get your own credit check and if not hired, you can get a refund. The next person presents the sales pitch on Primericas services. He set me up with an interview with the lead, and when I went in, it was really no interview at all. An hour and a half already? (TWO not even 50 years old yet!) What a waste of one hour, these scammers will not be at my house nor will I have contact with them again. Pull out your phone. He then asked me to write down 25 people in my contact list over 18 and he would call them for me to see if they would buy insurance and give me part of the profit and get me started. A legitimate company looking for new employees is not going to waste more time calling a candidate who did not call them back, particularly considering they had no information on me or my job experience or training. Please dont contact me again. Ta da. my business. Why keep the name of the company a secret, wouldnt they eventually HAVE to know? Hey, thanks for who ever made this page! A real boss wouldnt be furious with me for honest fumbling. At one point, this person even chuckled, seeing that I would not let go of the questions pertaining the job description or title. I took a few deep breaths and began to greet reps I knew as they began to enter for the Opportunity Night. A large black SUV, an Excursion or an Escalade, pulled up next to me and a rather dapper-looking kid about middle school age got out as his mother sat in the parking lot, engine off. More about my terrific personality, she was very specific that I had to dress professionally, no jeans or sneakers, and was firm while speaking to set up the informal discussion. So the First 20 minutes seemed normal, but then it got suspicious. Finally, in the course of mulling this decision I have read at Primericas own website that new life insurance agents earned $6000/yr on average in 2013, I think was the year cited. The recruits have to pay $100 for a credit check and training. They are lied to about the opportunity and I feel a responsibility to give consumers the information the MLM people will never tell them. Personally I have been in the company for 4 months and I have seen what a scam it is. Ex boss is close with a bunch of guys who are all at Primerica around here. How in the world they got my resume in a snail mail environment is still a mystery. Primerica is so desperate for recruits that they petitioned to make the Series 6 licensing exam easier. Then she proceeded to ask if I had a Facebook and dont I have friends on there and I told her I dont want to ambush anyone with this and she said they may thank you, I told her no and she said what about in your phone, you dont have anyone. I ended up seeking out one of the young men and telling him I was there for an interview with Mr. Blah Blah. remaining 50% of sallys premium go up to my trainer, (again, depending on rank%.) Went here, not knowing what it was about. He said that josh said a ton of great things about me and he wanted to interview me for a position. But the way I see it, is that why should I care about what other people are saying about this company. The dude ignored me completely. but that neither here or there.) No, I am not very angry with the company. I do, however, believe it is very important to inform people about the truth behind multi-level marketing. I am left feeling overly annoyed. To those who have met up with someone who promised to help them financially, the supervisor was there to help you if the rep quit because, as I said, this takes work and if you cant stand the heat you need to stay out of the kitchen. So, I got up & left to find out who that company was. I literally have no experience in asset management, financial businesses or management positions. After, he said I needed a state license to sell insurance and its a 32-hour course that costs $124 deposit. Real estate agents and brokers are not in the business of recruiting. I had no desire to pursue such a career related to insurance, as I prefer investing. What I am saying is that (a) the MLM structure is a legal scam that hurts the distributors/representatives, and (b) Primericas products generally cost more than other similar (or better) products sold through non-MLM companies. And many join daily as new agents. I just advise that people dont get that education from Primerica or any other MLM. Life insurance is a service, and just like any other service, someone can come along and provide the same service for less money. My contact and I talked a bit, and she escorted me to the door, and I went on my way to run some errands that I had intended to do earlier that day. A review of their Company of Destiny report big earners chart, once applying the fine print written below it, reveals that only 1% at best, of all the reps in their entire history since 1977, ever broke the $50k level, once or more, during any best 12 month rolling window. Representatives are independent contractors with people working any where from sometime/very part time to very full time. I get NOTHING from writing about multi-level marketing scams. He responded saying he was looking to mainly fill 2 roles one of which was a representative and the other being someone he could train into a management role. The big guy stated he made over $500,000 last year. I received a call earlier from a rep, or whatever. She talks about them like they are real. Also they said they would need to talk to my parents, remember Im a student in school so maybe it might of been valid for parental consent, but to me this was bit fishy as this may have been a way for them to start getting business off me. He kept pushing What do I have to lose?? MLM, in contrast, is a scam based on the recruitment of people into an opportunity to recruit others its endless chain recruiting and thats a scam. So, with that experience under my belt, life goes on. LOL Stacy. The interview asked me only 4 questions and asked me to sign a contract looking employment form and said that I need to pay 99 dollars to pay for a background check and that i need to get a license. You should really just target people who dont mind selling this way instead of rounding up a large number of people to attend presentations. I started to say but I thought and my face must have conveyed my thoughts because he impatiently rolled his eyes and cut me off, lowering the mouthpiece slightly, look, were not supposed to, but Im here to run MY business and I know what gets results.. For sure I am not going. They talk about working part time, not having a JOB, sky is the limit, yet deliver on none of those dreams. Here is another good read that breaks down how much the corporation makes just from recruits, and reps: Now, I really did enjoy speaking with the woman and we got along great, but the whole thing did sound more like a sales pitch than an interview. There are two levels of people in the business, not infinite levels. Eventually he told me that he was not offering me a job, so I was even more puzzled. good looking into this before going to my interview today. But even better, in a real insurance agency, the goa is to sell insurance. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. He had been eyeballing me since I walked into the store. My friends husband was at least honest and up front about me in terms of selling insurance, which I appreciated. I PAY MY OWN TAXES. Had forgotten the details but Tracy Coenens information on many posts about the 99% failure rate of MLMs, despite Primericas legitimate products have me thinking. BBB is here to help. None thats who! Funny thing is, the first 20 times I heard this same spiel I was envious of his life and attracted to the lifestyle he proclaimed was not only possible, but a given if one followed his leadership. Be aware, I messaged on Facebook, and the account had comments saying Hey man, I think your account got hacked Ive been getting odd messages from you. I actually stayed with the company and received my securities license, but could not continue due to the trickery and deceit involved. but after reading this I wont be going. Primerica is a financial services company that states it's mission is to help underserved communities gain access to top level investment and insurance products.. Thank you for everyone posting. When I looked at the girls job title, I googled it and found this site. This is because the company uses a controversial multi-level marketing (MLM) strategy to sell its financial products, mutual funds, and life insurance policies through its agent's own personal relationships. I interview with a Primerica Financial guy like 15 years ago. Hey Alex, this isnt the first time and wont be the last time a crooked company has rung the NYSE closing bell. And they came from very humble beginnings working 9-5 jobs now they are free and independent! I was looking for work on Craigslist and came across a post for motivated self-starters needed for an up-and-coming financial firm. John breezed through the door and introduced himself then instructed the man to sit down for a few moments; hed be right with him. It takes time, effort and tears to build something you want. 2. Oh my god i think Im being sold something. I told them I didnt had the money so the lady told me Icould go some other day and its been two days already and Im scare they use my social security # for a bad purposei want to go and get the paper and ripped off so i could feel safe but idk what to do Can anyone tell me what should I do. If you are looking to contact Primerica directly, call them at (800) 257-4725. So because it seemed so fishy something said google this company and see whats it about. It is generally legal, regardless of the fact that so many have no chance of turning a profit in MLM. She asked a few questions about my past work experience as well. No amount of money could fill the hole that would leave in me. If this is not deceptive, what is? When this approach is adopted, the need for the original insured amount would not be necessary. I was contacted by someone from Freedom Financial Services out of Charlotte, NC. 6. last and least. I then sat through the presentation which also seemed legit because the two presenters just seemed so down to earth and passionate about helping the common man (except the guy who kept bragging about his house and cars). Primerica is secretive because thats what all MLMs do. I checked my watch. i have an intervew tomorrow too, but i decided not to go after reading, thank you. Yes, the company offers legitimate products. Just got a call myself from George saying he was with a booming company called Primamerica and he found my resume on CareerBuilder. Long Term Care Insurance 5. I noticed $99 needs to be paid. Its awful, and it looks awful. Very few people want to do the hard work thats required to succeed. Then we proceed to training and moving forward. And no-load mutual funds through Vanguard or Fidelity beat the high expense ratios and sales charges of the ones Primerica offers. Very glad I googled this company and found this blog. I was very interested in that. End of story. I would not call it a scam, but they are overly persistent and do not take a hint unless you are forceful. For only $99 you can be licensed to sell insurance to others with us. So many of you cancel your interviews which I understand you feel you need to do because of what other people are saying about the company. Grant cardone once said if you dont have haters, your not working hard enough. No! Good thing they never call me again. I too have an interview scheduled for tomorrow. That night I came back to the office a bit before 6, when the first interview had been set for. She gives me, the son she never had, an enthusiastic hug and promises to call me tomorrow with all of the details. She submitted her story to Pink Truth, a website I run about Mary Kay Cosmetics and other multi-level marketing companies. Many, many years ago, when it was A. L. Williams, I was approached, and even attended one of their informational sessions. While many financial professional aren't interested in working with the middle class,* Primerica is committed to helping Main Street families save and invest for their short-term and long-term goals. One day I am opening the bar where I work a dive bar in a very low income neighborhood. Then I looked up Primerica and this lovely blog popped up. The wife was still skeptical of the entire thing but being a good wife she was supporting her husband. BBB Business Profiles are subject to change at any time. Just had an interview todayit stated just as everyone elses with a phone call from a lady stating someone gave me your name and advised me you were looking for work and you have a background in administrative work and customer service she said she wanted me for an office manager position. All MLMs eventually reach a saturation point where the bottom tiers are almost literally competing for scraps because the word gets out about the nature of their business model and they become shunned by most prospective recruits. I actually figured out it was Primerica a few minutes later when I actually sat to think about it. Enter your User ID and click Sign On. Its funny how quickly he wrapped everything up with me once he got that call. My old coworker had me sit through a lecture for her (I thought I was just helping her) then he asked if I was interested. The man and his wife came to our home for a supposed interview. The sheet of paper wanted my address and a list of 5 local contacts, preferably not family. WOW. One speaker, the VP/Owner clearly had been doing this for a while and was all about the potential money that could be earned, though was vague on the details and it seemed to me that anyone with a salary job is a sucker in their eyes. However the comments of one man on here did not sit right with me. I was wearing a ring on my fourth finger (its the only finger it fits) and she asked if my husband had a job, so I went along with it and said yes. At this point, things seemed a bit odd. When I called her back, she reiterated her voice message and went on to briefly discuss the position for leadership role for this company and requested to set up an interview. Tony Thanks for your concern. Indeed, I was invited and liked. Jeb The reason why they dont give you any information prior to the fake interview is because IT IS A SCAM. I said I was and she offered me an interview. Why? So she asked me to go to an interview with her manager and she gave the adress and my interview is tomorrow but after reading almost all the comments above ive decided that im not going and im so glad that i saw this before going. He was strange, deceptive and refused to answer why he supposedly left this well-known company which had me a bit concerned.

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