Never going to a meeting after invited and said you would. He never mentioned an upfront fee, but if he does Im done with these. to sit down with them to straighten their finances out. Glad I dug in deeper. What these agents wont tell you is that another bear market is looming ahead, along with the upcoming changes in Washington. After a day, Curtis called me for the second interview. It would be nice if the government would step in and help protect the people who dont have the sense to see these for what they are. 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. I was in college when they reached out to me about coming there to work. A meet and greet with the manager and then into the position details. It is really not an insurance company, it is a distribution company that relies on a pyramid to fund the upper class there. I got suspicious after I asked her the company name and her voice sounded muffled everytime she said it. remaining 50% of sallys premium go up to my trainer, (again, depending on rank%.) Wow!! He went on to explain that the company offers free financial health reports to perspective customers and that all they ask in return from the prospects is they offer up a list of 15 local contacts so they can hopefully recover the expense of this complimentary offer. What should I do? I asked him if he was headhunting and he said, No, Im actually early for a business meeting and your personality caught my attention. 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. Enter your User ID and click Sign On. The presenter looked like 19 years old and began talking about the company and that it was called primerica. Sadly, it wasnt real. That really put me off. I dont know why, but I say okay. I went in, shook some hands, and sat down listening to a spiel chock-full of confusing jargon, just nodding my head and feeding their ego while Im sure they felt like they were doing the same to me. Finding your own customers and future work is real work. As soon as I saw Primerica I KNEW it was a scam. Said that I was really great with people. All in all, the research done prior to the interview was useful as some claims from the internet with regards to fake interviews were true. Theres so many good jobs out there- dont go this route. I told her I dont have friends, so Im just telling her anything so shell drop it but she was so persistent it was ridiculous. As it turns out, I am a lapsed Catholic and an Atheist, but I still wear a silver communion cross so she may have been taking a stab. She wants to meet at a bar in my neighborhood on a Sunday (after church she stresses more than once) to have a chat. At first I was impressed; but not so much now. And for easy monthly payments of only $25 Im really glad I came here, because they hadnt even gotten around to mentioning the other company fees yet. I was shocked. Their company relies on always havinga bottom layer of sales people, they move up by getting lower level people constantly to do all the work. id number? She chats up the bartender who seems wary of her. Information provided on Forbes Advisor is for educational purposes only. The meeting was for today, in fact. The location seemed extremely sketchy too. I went for the so called interview today and was completely confused and turned off. He works VERY hard for his money and does not seem to be producing a lot of it. I suddenly found his bragging really off-putting. What should I be doing? I am so glad I found these comments it saved me the time of going to somewhere that was not what it was suppose to be. I am so ashame to be same species as John adison and glen williams . here is to you. When I walked in Spanish music was playing and the office was empty even in the so called Vice Presidents office its was empty and had fake plaques and stuff every where. Nothing worth having is ever easy to obtain. I was referred by a friend who recently started working there. Like everyone else here, I also got the call and the woman said that I was Highly qualified for some positions she was offering. *Money.USNews.com, "How to Find A Financial Advisor if You're . Eventually he told me that he was not offering me a job, so I was even more puzzled. He didnt even tell me the company name, I found it on his profile when I scoped him when he requested to add me, that he was a regional vice president for Primerica. But It didnt make sense that I was not given the company name but did get a management position for something I know nothing about. Even the man who started it wants nothing to do with what it has become. I cant thank you enough. I also know another person who has been doing it for 10+ years now and he doesnt make much at all. Those who participate have bought into the lie that they own their own business. International Association of Better Business Bureaus. Which is why a I didnt go down that path. If it was cost-neutral, why bother recruiting in the first place? Take this down before i file a complaint. He didnt think to clarify my concern so I cancelled the interview there and then. Suck my ass. Primerica is a very old company that for over 40 years has been selling insurance and financial products by way of the network marketing model. Obviously the recruiter was being paid on some form of commission so the sooner she got me in the office the better. More importantly, I never found out why the middle-schoolers were there! So I asked if she had a website to see the company information and she said it wasnt set up yet. Well her assistant texted me the address and I like to research things so I researched it and the first result linked to a Primerica site with that address on it. Do whats right. Thank you all for clearing my skepticism up, time to block Mr. Jack. mail in a letter with your info, we will give you a call. It was sure better than his you guys arent doing anything, youre being a bunch of losers talks he usually gave at training meetings. He been calling me since. Third, my agent told us that he much preferred to bring in people to work just part-time, and he had for his first 18 months with the company, because it takes a while to support oneself in this or any commissioned sales position. The guy who stated the *69 comment, yes that does call back the last call, so why tell someone that you are blocking a call and why are you calling back a number that you already talked too?!?!? To the last comment, the most draining 2 months?? I WONT BE GOING!!!!! Before you try to pick apart or look for excuses not to be a recruit, maybe you just dont believe it can work or its you you dont believe in. At one point I capitulated and however intrigued I might have been over the absurdity of the whole situation, I only wanted this conversation to be over and I did bring it to an end elegantly, by saying that I appreciated the time that he had taken, making the call and am sorry that I cannot help him with what he wants, given that I dont seem to understand what that might be. I want to get out of there now. However, when I suggested that my previous experience would leave me worthy of positions like Business Analyst, I was informed that those positions were only available in the corporate office located in Georgia. The VP Mr. They were in my home for almost 3 hours, 10 minutes before they left (which was an hour ago btw!!) My initial interview appointment was a positive experience, but the compensation structure (or lack thereof) was raising red flags. I PAY MY OWN TAXES. I play along, cause I dunno. This place is a joke, dont waste your time or money on them. DO NOT give them the time of day AT ALL. Big giveaway: when an interviewer asks you questions about who you live with, and if you have a lot of family and friends that live in the area I mean, come on! After dodging her for a few weeks I finally agreed and ate enough of the steam table food to be polite. He said they are looking for people to sell financial products and to recruit and train new employees. I got referred to Primerica by a fellow friend of mine. I dont mind. In reality, they own nothing. Blah blah blah blah. But again, Im still chewing on this and your thoughts on these matters are appreciated. Im an accounting student and will be taking finance courses in the near future so I didnt mind working with a finance company. No, better not, or John would be angry that I said something wrong. We had a small conversation and she claimed she liked my personality and gave me her card. I already know about Prime, as this isnt my first go around with them or companies like them, so I am just going to humor them and then as gently as possible (not) let them know this is not for me. Reed Slatkin - $593 million. * Oh, one other thing, if someone goes in for an interview, and they leave not wanting the job, how are they a victim, exactly? I was very interested in that. Recently a dear friend of mine got roped into becoming a rep on the premise of hed be doing families a great justice helping them get their finances in order and providing them with term life insurance. He proposed some vague idea to me one day and set up a visit to discuss. I entered the room the woman on the phone had told me to go, there were about 20 other people in there with a presenter holding an iPad on his hand. I swear it literally looked like an apartment building inside with rooms separated and a dark hallway. DIV Rep, 60%.wait there is only 50% left over, okay then what does math tell us.you get it yet..they only get 50%, (PYRAMID ENDS). My info along with my social number. I thought Im supposed to be learning here? She gave me this speech about how she is the General Manager and that she was opening various locations and needed people. Primerica is a SCAM period. Got a call back today, saying my interview stood out, and to come for a brief information session. also I asked for what position ? He also told em they were looking for leaders and instructed me to call him to schedule a meeting. The FIT bitch (thats me) who wrote this is far from broke, and makes a great living selling legitimate services to people who need them. I got a call around noon from a company called PFS Investments. Most of the posters defending also seem very unprofessional and lack a certain level of education. im so agree i wonder how they got my info. He gave lots of the same info and elusive answers reported here. Pingback: Why Do People Join MLMs? So there really wasnt an option for riders. Tope Trading money for honest goods and services is not a ripoff. He also stated I would be refunded once I completed a certain portion of the tests. With all of you. Thank goodness I didnt fall for that crap. They prey on our natural vulnerabilitis and at anytime any of us can find ourselves being lured in. I got a call and they scheduled an interview for today without letting me know for what position they are hiring. Just like most of these posts, they said they werent looking for people who have college degrees or serious career experience. It takes hard, Hi, I do not agree with you. Anyways, Im cancelling that visit and now im off to the bank to change my debit card number to be safe. You need to have a 1) calculator and 2) common sense to realize only the top percentile will make any livable income, in your head you think youre going to get enough sales to make six figures youre not. I ran a department in a communications company that was ultimately relocated. Very glad I googled this company and found this blog. Well, I didnt stick around to find out if it would work or not because I stopped going once me and my mother got a bad feeling about the company. He never mentioned the name of his company, only that he was impressed and wanted to figure out if I was a good fit the sort of leading language Ive seen others report thats meant to make you feel desired and special. 85% of people cannot pass insurance test. I was definitely lied to when I first was contacted by the woman. The company also restricts what you can and can not offer to people as well. Commentary on fraud, scams, scandals, and court cases. The so called VP is there and questions were asked and at some point, the so called VP (he looks like James Ingram) said that I need to pay $99 for my financial license to be able to get the job. He kept pushing What do I have to lose?? The graph had 1 gent at the top and every subsequent tier had exponentially increasing members making exponentially less money. lets protest guys!!!! My experience started with responding to them through Zip Recruiter. The interview should have been tomorrow but I wanted to learn more about the company so I extended until Monday. Are there good people in this business? Take their advise and apply it on your own people. At that point, I hung up and laughed. LOL, Lol thanks God I look it up and they give you such an hope like youre about to win big smh I waist my time dressed all nice thanks God I didnt register yet Im done with them. A lot of people on here say Good thing I found this website. I knew something was fishy from the start. Its quite pathetic that all of us in the comments are forced to search out information on the web rather than hear it straight from the snakes that work for this company. Ironic, since recent grads are the least likely to be able to afford to pay to get into this crap. Then why was he so eager to get ahold of my stack of resumes, leads I had paid for?? This guy has spent 30+ years of his life working for a company that promises VERY SIZABLE returns but delivers very little. 3.) No, I have never been a part of Primerica. He had his upline with him during the visit and presented me with a PowerPoint presentation. So glad everything that I was concerned about has been confirmed. Whatever I did, however I asked, he would not tell me what positions he was trying to fill and that was a big red flag for me. Yes. Youre good people and will, no doubt, save other people from being duped. All the money being made in the quick amount of time. And I was like a job description of what Ill be doing and how the company works. Business opportunities are not for the weak at heart. I work retail so my hours are crazy. My Lyft driver actually was the one who told me I should come by his office but didnt mention what he actually did (broken record much lol). An hour and a half already? I advised that I am not looking for a sales job, as all the cold calls about my resume have been for sales positions of one sort or another, and I really do not like selling. now she has been pursuing me saying she has another office and she needs someone to run it . When I laughed at her question, she assured me it was because she wanted to know about my credibility, although she failed to explain how where my family lives illuminates anything about my character Clearly, they are looking for people with family/friends to pitch their products to. Law sued and primeica paid millions of $ to keep it dl . A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. The company is not a scam. I got a call a little while again and it seemed very odd. Thank you! I could do it but dabbling in ventures that call on questionable morals is not my thing. Thats the nature of working in several industries overseen by a regulatory body. 2.) She asked if the woman and I interviewing would be interested in receiving our free financial health check as well as a follow-up appointment for the orientation session so I can get out there and start making money. I was actually recruited by a Primerica rep that paid the $99 fee for me. So glad I read this blog almost got scammed. If Im not doing something productive Id rather be at home sleeping and spending time with my husband. My parents make good money and know how to save. 100% commission pyramid scheme? The business of Primerica Reps is recruiting other reps. Then he went even further to explain that he could help my parents lower their insurance, debt, and help me pay for my college textbooks. * If Primerica is a scam, how have they been in business for almost 40 years? Anger gave way to fear.. what if I interviewed him and messed it up and he stormed out of here angry and calling it a scam? I got a phone call from someone telling me the company was called PFF. I feel so bad and my heart bleeds how mich i lied to the community and friends and sold them something they dont stand for . Thank you guys for posting these. Weeks went by and I dismissed it completely, until I listened to this podcast: http://www.thisamericanlife.org/radio-archives/episode/543/wake-up-now Thank you everybody. I seem to have ulterior motives? The one thing that did get me, however, is on Google Maps, the place did not have a name. From then he sent us to different people to ask us some questions. He kept giving me all these big numbers and saying how easy it would be and blah blah blah and all I could think was if it sounds too good to be true, it definitely is. Still, my poor, broke self held onto the hope that it might be legit. I've written about Primerica in the past, questioning whether Primerica is a pyramid scheme, and whether PFS is a scam. There is no rational benefit to buying insurance or mutual funds from Primerica today. Write by: . There is no selling of opportunity because all we do is find out what peoples dreams and goals are in life (youve got to know what they are first) give them a game plan and tell them to act on it. I left indicating this was not for me, but wasted valuable time for something, from the on-set, which I indicated was not at all of interest, on her pretense it was a support job. What a crappy thing to give your life to. He did butter me up, but Im no fool and and the fees were ridiculous, didnt make sense. Sneaky how once she enters my house she runs downstairs and brings a male supposedly her manager. Because MLMs are pyramid schemes in which 99%+ are guaranteed to fail. Once again, most people need financial help to get where they want to be. The manager said he liked me, from a business standpoint of course. Does anyone know of other companies besides Primerica that are employing these same tactics? The whole conversation was geared towards selling me on deceptively common-sense information about what I assume to be much more complex financial decisions I have a friend who works for an insurance company, and given how much time hes spent studying for his degrees the claim that, in a few months and for $99, I could sell my friends and family (and then random strangers after that) on insurance was certainly too good to be true. (i.e. Ive been disabled for four years and i finally got a job release in feb 2014.Since i had to change job careers,its been hard drawing my former job skills to be applied to another field.Im currently in a job program called DVR(from the department of labor)in the state i live in.For the past 2 months,ive applied to many jobs thru them and gone out of my own with little success..lol.Ran into alot of companies like primerica.So now before I have the interview with any marketing/sales company,I do tons of research on the computer.Had a person contact me from bankers life and casualty say that im good to be part of his team and told me to come to his office at 6pm for the interview.Only to find out that its a presentation with 14 others,10 left after an 1 1/2 hour presentation(only surpose to be a 40-mins).i was one of the 4 and he liked me and set up an second interview.Took 2 weeks to get back to(and only got set up due to my ongoing calls to him for it)me and set up the meeting the next day-they did the same thing as primerica only they actually had a call list from the do not call listings they use for their referrals for me.A $99 dollar fee plus $149 for inside training upfront.I said NO and that was it.My DVR supervisor gave me a reference for a job that turned out to be a primerica rep.I had to follow up this time and called her-she contacted me that nite at 9:30pm(odd time)and told me that her supervisor would call me tomorrow-he never did.A week went by and out of blue the primerica rep called me and said that she was sorry about her supervisor didnt get back to me.But this time i was ready(i did my research and found tons of very bad reviews and some good reviews from primerica corp. officers..lol lol.When we talked,her excuse was that her supervisor is better to answer my questions and would do so when he calls.He hasnt called but i already know the truth(on the surface and the deep inside shadly truth)about primerica-what they represent and who benefits from their company.I need a job now and need money soon before im forced to live on the streets with my wife.I cant start a new position on empty promises and payment upfront to pay to go to work to make alittle money in the first month after i work 80 to 100 hours a week..lol.Doesnt make sense and its just a waste to put forth lots of effort,time,gas,sweat and patience to make little money just to barely live onlol.