• Report: #26066

Complaint Review: PRIMERICA

  • Submitted: Sun, August 04, 2002
  • Updated: Fri, October 04, 2002

  • Reported By:TAYLORS FALLS MN
PRIMERICA
180 E 5TH ST ST. PAUL, Minnesota U.S.A.

PRIMERICA WASTE OF PRECIOUS TIME victimized many consumers Read here their BS letter they send to thier victims ripoff fraud from ST. PAUL Minnesota
*UPDATE: Primerica recognized by Rip-off Report a business opportunity well worth considering - it's not for everyone but many representatives make solid commission incomes. Primerica takes appropriate action against representatives conducting themselves improperly, pledges 100% commitment to customer service.

*UPDATE Employee: positive and negative comments

*REBUTTAL Owner of company: What I would do!!! ... I agree with some of what was said about the company and some of it's tactics

*UPDATE EX-employee responds: Resolve and Clarity: Thanks to many

*UPDATE EX-employee responds: Resolve and Clarity: Thanks to many

*Consumer Comment: Thank god i read this report

*UPDATE EX-employee responds: BC You need to leave Primerica.

*UPDATE Employee: Yes Its a waste of time and may change your way with people in a way you don't want

*Consumer Comment: To R - Modesto, CA

*Consumer Comment: Smelled a rat!

*Consumer Comment: In defense of "pyramid schemes.."

*Consumer Comment: In defense of "pyramid schemes.."

*Consumer Comment: In defense of "pyramid schemes.."

*Consumer Comment: In defense of "pyramid schemes.."

*Consumer Comment: Let us know.

*UPDATE Employee: Every company has their bad seeds

*Consumer Comment: Neil , I agree ..How anyone could defend this company is beyond me.

*Consumer Comment: Neil , I agree ..How anyone could defend this company is beyond me.

*Consumer Comment: Neil , I agree ..How anyone could defend this company is beyond me.

*Consumer Comment: Neil , I agree ..How anyone could defend this company is beyond me.

*Consumer Comment: Thank You For The Posts Concerning Primerica

*Consumer Comment: If everthing is up-front then why the secrecy

*0: primerica / ed "ten gallons of bull" laredo,texas

*REBUTTAL Owner of company: waste

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I was contacted by primerica through monster.com by a woman named cate hesser.

[[Dear Sir or Madam,

I am contacting you regarding your Confidential resume you have posted on Monster.Com. My name is Cate Hesser and I am a District Leader with Primerica, a division of Citigroup, the largest financial services company
in the world.

We are aggressively expanding offices in the Twin Cities area and are looking for motivated individuals to be considered for these opportunities.

We are not necessarily looking for someone with a background in the financial services industry, just good people we can train into leadership positions. We have seen information in your resume that leads us to
conclude that you have the skills and experience that would benefit our company. I definitely would like to talk to you about opportunities with us.]]

Sound familiar?

I callered her more out of curiosity than anything, only to get her voice mail. She didn't return my call that day so, later that evening I e-mailed her. She called me the next day and gave me a little info, Citygroup/Travelers/Primerica/BIG/REALLY BIG/datta/datta/datta.

I asked her what it was on my resume that she saw that was so appealing. She stumbled a little and said, "your resume is listed as confidential so I don't know which one is yours".I'm not sure if it works that way, but if so, wouldn't that be about the time a "headhunter" would be wanting a copy of your resume?

Was it my strong technical skills in the areas of electronics and mechanics? or perhaps my hvac experience? Was it my description of myself as an honest, self motivated, hard working person? OR WAS I A NAME PULLED OUT OF A HAT!?!

I went to the overview and I must say I was dumbfounded as to why this "trillion dollar" company herds thirty people into a room to sell them on the idea that this place is the best thing since "sliced bread." After all, we're here aren't we? Why can't they cut to the chase and tell you that the real reasons you are there are as follows (in my opinion, through obsevation).

1)Sandy Weill desperatly needs your 200 bucks. (although my expertise is in the technical field, I do also have a fairly strong background in statistics and would gladly draw a bell curve showing how much of that $200 goes straight up without ever going to liscensing or background checks.ie...people who back out without putting up much of a stink as for a refund).

2)If you do happen to stick it out, "saddle-up", someone's riding you up to the next level. Fair enough you say "you've got to start somewhere, right?" wrong, grab a saddle for your friends and family. You see it's a well known fact that a salesmans first few sales are directed to friends and family.

3)When you run out of friends and family, guess what? You can than scrape-up a fresh batch of innocent cattle from respectable sources such as "monster" or "hotjobs" to name only a couple.

Anyway I must admit that I'm a little slow at times.I went to the "orientation" the next day. Perhaps gullability is the price you have to pay to be honest and trustworthy. Or maybe I just wasn't thinking clearly. Many "flags" were raised at the orientation. Such as,people who make six figure incomes generally don't reveal how much they make so easily. A "three step interview process" is designed to "weed out" undesired candidates.(the weeding out doesn't seem to occur untill after the "$200". Their general business practice of "helping people" by selling them their services smell very strongly of "conflict of interest".

After the orientation we were asked to schedule our 3rd interview, I don't recall the first or second. I caught a quick glimpse of the schedule sheet and saw openings monday, wendesday and friday. I asked for friday(hoping by then I might round up 200 bucks, a lotta dough for a father of five with a house pmnt, car loan and credit cards charged to the hilt, they should know these things, they're the financial geniuses, right?) and she said, "can you come any sooner"?(?) So I made an appointment for wendesday morning.

After getting home I really didn't have a good feeling about the whole ordeal, so, I talked to my dad and explained the whole thing to him. He didn't seem to impressed. But then again, he's one of those "idiots" that worked for a living according to primerica.

So, I started surfing and it didn't take long to "smell rat". I came across this site, which by the way truely is the best thing since "sliced bread" and decided that it is my civil duty to warn others. My conscience will not allow me to just walk away with my tail between my legs without first letting others know that this is just a waste of time. Time that is very precious to those who have families. Time that is very precious to those who are seeking employment.

For me it meant driving one way 1 hour and 15 minutes for a total of five hours travel (2 trips), plus three and a half hours sitting and listening to a bunch of bull. THAT'S EIGHT AND A HALF HOURS!!!

I'm self employed as an automechanic and when I'm not fixing a car for free, for someone who has less than me, I charge $50.00 per hour. As far as I'm conscerned Primerica swindled me out of $425 of my time. Like I had previously mentioned, I have a wife and five children to support and $200 dollars is a lot of money to me, much less $425.

One final thought of mine is this. Sandy Weill is a man I had never heard of before last friday so I cannot really offer a very good charactor reference, but riddle me this? Why does mans smile border on hysterical laughter? Is it because he is sitting on top of a trillion dollar pyramid? Certainly he must know about the questionable business practices of the businesses under his control. Oh well, it doesn't really surprise me in this day and age.(ENROM/WORLD COM/ AOL TIME WARNER) I guess maybe some of the cleanest looking people are really the dirtiest.

RICK
TAYLORS FALLS, Minnesota

Click here to read other Rip Off Reports on Primerica

This report was posted on Ripoff Report on 08/04/2002 10:56 AM and is a permanent record located here: http://www.ripoffreport.com/r/PRIMERICA/ST-PAUL-Minnesota/PRIMERICA-WASTE-OF-PRECIOUS-TIME-victimized-many-consumers-Read-here-their-BS-letter-they-26066. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 UPDATE Employee

positive and negative comments

AUTHOR: Jorge - ()

Appreciative of this web site I am grateful to read the positive and negative comments about Primerica.

I began my Primerica adventure by helping out a freind begin her career with Primerica by using Primerica mutual funds investment products. Not understanding how my money was earning a return in a long term investment vehicle, I decided to investiagate the company by involving myself. I was not recruited by the sterotypical methods that many people have been hurt by.

There was a problem with temporarly stoping my direct depositing into my mutual fund accounts in my first year with Primerica. But it was resolved because I and the Primerica agent became involved! All of the money in this error was returned to me, about $2000. Many people can have probelms with their finances but do not put in the effort to resolve a problem by allowing the problem to become an oppourtunity of education. As well it is difficult as life's circumstances choosen or not choosen can become hurdle, not allowing the easiest of involvment.

By educating myself on that scenario and attaing the proper liceneses and independant contractors status, has been beneficial. I became unemployed this year and that status and the money I had set aside in savings in mutal funds all came into play when I needed it the most.

In the mean time I do attend the Saturday meetings with and open mind that all that I hear and do not understand needs to be questioned. Not feeling that I am being brainwashed, I find the meetings are more leadership training, as Primerica provides and online school for product knowledge. Aware that in my quest for further finacial knowledge, I will and should study the subject matter elsewhere and on my own. I am aware that some of my trainning methods should not be duplicated. Every company has a bad egg that will meet its demise, ie: Enron, Worldcom, etc.....

In order to be succesful with Primerica your stance should never be that your going to make millions over night, or that this career choice comes with a babysitter. It will require you not only to be self motivated but to be in continuous education. Your stance should should be to educate yourself in service to your clients and to those who you bring in. Those individuals under you can surpass and break away from your earning potential. There is am unseen price your going to pay for responsibly developing people for a Primerica career. Thats the reason why your given an overide for there productivety! Your the reason that there earning not Primerica.

The money does come and is earned based on the product knowledge and integrity you have. If you've heard a complaint about wasted time and effort then ask me how many hours I have spent educating myself without a dime to achieve a level of service so that I could earn. Does the College student earn a living from his education when they are studying or when the fianaly earn that degree? No, they are either padded or the work a job to make it!

Its interesting that someone would say that we have overpriced products. When you have studied, as I have, you get what you pay for. It would be best to compare the products before we start bashing Primerica. If you want a cheaper product then learn about the product and serve yourself to save on the commission and the misinformation that lies out there. In any case the buyer best to be aware because if you do not know its because you did not do your homework and shop around!

There is a ton of commission and overides to be made with any insurance and fincial company. The choice in career I made is because I have the choice to and can handle my Primerica business ohnestly with the client in mind first. Why, because I was Primerica's client first! Even if Primerica dose not pan out for me I am a better and smarter person for having been involved, because I chose to make the most out of everything.

My best wishes and regards to those who have been missinfomed and misdirected. All Primerica agents are not up to there stuff.
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#2 REBUTTAL Owner of company

What I would do!!! ... I agree with some of what was said about the company and some of it's tactics

AUTHOR: L - ()

I am a Primerica Rep. and would like to let you know, the only money I put up since becoming a Rep. is $199.00. I'm not sure if I'll ever make it big with this company, but one thing I know, (and I decided this when I put up my $199.00.), I studied till I was blue in the face and after 6 wks., I took and passed my insurance exam.

If I never make another dime with Primerica, I know I'm an Insurance Agent in the state of Louisiana, and I can sell Life, Health and Accident Insurance anywhere in the state.

If you have given your money to become a rep., use it, it pays for books and classes. You should at least do that for yourself.

I'm a 53 yr. old woman and I can't tell you the sense of accomplishment it gave me when I passed this exam. I agree with some of what was said about the company and some of it's tactics, but I decided from day one, I was not going to blame anyone if it didn't work out. That's why, I made it a priority to study and pass that test as soon as possible.
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#3 UPDATE EX-employee responds

Resolve and Clarity: Thanks to many

AUTHOR: BC - ()

I am so glad for this website. It has been a major help to me in the process of coming to my senses about my involvement with Primerica. I had lots of doubts that I had not been paying enough attention to, because I was so wrapped up in the hope that maybe I could make some needful money (even $2,000/month that they hold out to partimers).

Now I know, that that money is not only illusive, but in order to get it, I need to convince hardworking people, by taking advantage of their lack of financial savvy, to part with some of their limited funds to buy overpriced products, in order to bring money to the system.

Now I know that I do not really own anything in the business. But that what I do own,deep and lasting friendships among my circle of people, will be put on the line.

Now I know that the huge amount of unpaid hours the company requires, and the cost of travel to the national and regional rallies is way more than I want to afford.

Now I know that I cannot conscience learning ways to manipulate, obfiscate, and otherwise take advantage of anyone,in order to earn my inflated commission.

Now I know that I will not sacrifice my family time to buy after a 'dream' that is about making a few in the company millionaires. I will not give up what is important to me in the way of deeply held values for some elusive, risky concept.

I am convinced now that our products are not the greatest, and our methods truly border on mind control. I am getting out.

To the consumer advocate who runs this site, many thanks and I will recommend your page widely. It is good to know you are here.

I do apologize for my previous super long rebuttal. My son informs me in internet culture, that is referred to as 'ranting' and no one appreciates it.

Thank God for my family. This son informed me a few days after signing up with Primerica this summer, that this was a scam and I should read the reports. You know what I told him them.
"Oh great!!Now I'm hearing that I just wasted 200 precious dollars that I don't have for the hope of helping people get out of debt". Then he gave me a few pages to read, probably one from this site.

I read them, and I thought to myself,"oh these disgruntled people just don't understand...this isn't a pyramid, this is legitimate training. These disgruntled ex-employees sound like they were just lazy..or unable to cope with reaching out to new people. They just did not take advantage of this great opportunity in the way they could have...etc." As you can tell, I was in a state of mind that could only be called brainwashed.

so I turned aside from the criticism. you know what my trainer said, "people always criticize what is successful".

Well I am so glad that I came to my senses. And I have many to thank, including many of you. Thanks for posting your experiences as clients, ex-employees, recruiters and hunted potential recruitees. It has helped so much.
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#4 UPDATE EX-employee responds

Resolve and Clarity: Thanks to many

AUTHOR: BC - ()

I am so glad for this website. It has been a major help to me in the process of coming to my senses about my involvement with Primerica. I had lots of doubts that I had not been paying enough attention to, because I was so wrapped up in the hope that maybe I could make some needful money (even $2,000/month that they hold out to partimers).

Now I know, that that money is not only illusive, but in order to get it, I need to convince hardworking people, by taking advantage of their lack of financial savvy, to part with some of their limited funds to buy overpriced products, in order to bring money to the system.

Now I know that I do not really own anything in the business. But that what I do own,deep and lasting friendships among my circle of people, will be put on the line.

Now I know that the huge amount of unpaid hours the company requires, and the cost of travel to the national and regional rallies is way more than I want to afford.

Now I know that I cannot conscience learning ways to manipulate, obfiscate, and otherwise take advantage of anyone,in order to earn my inflated commission.

Now I know that I will not sacrifice my family time to buy after a 'dream' that is about making a few in the company millionaires. I will not give up what is important to me in the way of deeply held values for some elusive, risky concept.

I am convinced now that our products are not the greatest, and our methods truly border on mind control. I am getting out.

To the consumer advocate who runs this site, many thanks and I will recommend your page widely. It is good to know you are here.

I do apologize for my previous super long rebuttal. My son informs me in internet culture, that is referred to as 'ranting' and no one appreciates it.

Thank God for my family. This son informed me a few days after signing up with Primerica this summer, that this was a scam and I should read the reports. You know what I told him them.
"Oh great!!Now I'm hearing that I just wasted 200 precious dollars that I don't have for the hope of helping people get out of debt". Then he gave me a few pages to read, probably one from this site.

I read them, and I thought to myself,"oh these disgruntled people just don't understand...this isn't a pyramid, this is legitimate training. These disgruntled ex-employees sound like they were just lazy..or unable to cope with reaching out to new people. They just did not take advantage of this great opportunity in the way they could have...etc." As you can tell, I was in a state of mind that could only be called brainwashed.

so I turned aside from the criticism. you know what my trainer said, "people always criticize what is successful".

Well I am so glad that I came to my senses. And I have many to thank, including many of you. Thanks for posting your experiences as clients, ex-employees, recruiters and hunted potential recruitees. It has helped so much.
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#5 Consumer Comment

Thank god i read this report

AUTHOR: Bosch - ()

Thankyou to all that replied, You've probably saved me a lot of time and money. I was ....

This rebuttal was redacted because the individual did not provide a bona fide e-mail address and uses their anonymity to further victimize the contributor.

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#6 UPDATE EX-employee responds

BC You need to leave Primerica.

AUTHOR: joy - ()

To BC Portland,

It seems as if you are confused as to whether or not to stay with the company. You are wrong about your up line working hard to find someone who will make $100,000 so they can relax. You are the one doing all the hard work not them. You are the one finding people to bring into the business and have appointments with not your up line.

They dont care if you leave or make it. They have made money from your recruits and your appointments. When did they tell you that you would be ready to start training on your own??? The more people you recruit and your up line so-called trains them they make all the money. You better believe that if you dont show up for the so called Saturday morning training or the opportunity meeting you will be looked at as being lazy or not taking this opportunity seriously.

Sounds like we may have been with the same office. Only I got out before they brained washed me. You see they tell you what you want to hear, but they leave out the important parts, and if you ask to many questions they tend to change the subject real fast.

They dont want you to figure out that they are brainwashing you! My suggestion would be to get out and get out fast. I would like to know the office you are with. I was with an office in Portland and they are a bunch of scammers! Do yourself a favor and get out.
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#7 UPDATE Employee

Yes Its a waste of time and may change your way with people in a way you don't want

AUTHOR: BC - ()

Dear Rick from Taylor Falls, MN

I appreciate what you have written about your experience and your doubts. I have been taking lots and lots of time to think about the things I have heard and seen, at the rate of 16-20 hours/week some weeks, and trying to percolate as to how it all will relate to me.

Frankly, I feel that in order to succeed in this business, you must believe everything you hear, and not question. I was always taught to question things, especially anything that offered a 'free lunch' or implied that you will get rich just 'sitting back' while others that you recruit do the work. I have been observing. The ones that have been promising this possibility do not seem to be sitting back.

They are the leaders that will have to train all the people I need to recruit in order to make a better earning level. After all, I am still a trainee and I couldn't do the training. So those who are basically running the shop are still working hard...late nights and urging me to make more appts so they can work more,(and make more) I know they are looking for five people to make 100,000/ year so they can relax...but it seems that they aren't doing that for themselves yet, (or for their upline's benefit) and are still working hard. That may be why they get so tired of training so much, not enough to show for it.

And if these folks who are 'marketing' the business of making $$ with Primerica week after week, at least for 5-1/2 hours/week in committed training, and saying these things, believing that someday, I and all those I recruit will make them realize their dream, I gotta wonder. Even though there is a nod to those who wish to do it part-time, the partimers seem to garnish less respect.

I remember trying to help a person who was involved in a cult years ago. His devotion and unswerving belief in the group astounded me. It was so obviously controlling in its tactics, and only its ways were right. There was enough truth in what they said to sound legitimate, until you got to know them and saw the error of their thinking, and frankly the way they treated each other. My experience is coming up to recall in my mind lately as I consider Primerica more deeply.

When I went to a leadership rally recently, I listened to everything. I took in as much as I could, though the huge rah-rah and loud music was overstimulating to the point of interfering with my own thoughts.

I found myself thinking later, these leaders that are up on pedestals because they have earned the ring (sold 100,000 in premium) or recruited the most ("there is only one #1) were not necessarily people I want to be like or to aspire to. At times I did feel like I was in church with a straining preacher who thought if he just got intense, I would really get how WONDERFUL, and Perfect our company was. They are definitely marketing the 'dream'.

It just seemed like a different take on what I hear week after week.

I know if I pull back, I will be labeled lazy, and unmotivated. I don't care, I know I did work and did give it a lot of time in order to know what I was doing and 'be successful'. Maybe I am kissing thousands goodbye. But I am unsure as to whether my mind and conscience can really hack this setup.

I don't like how we must push for recruiting. I respect people too much to talk them into things. I don't even believe someone should spend $100 without giving it a few days... I certainly don't want to push them to spend $199 in an emotional moment at an opp nite.

I don't like how I am NOT learning much at 'training sessions' about true financial savvy, but more how to get people to listen to my presentation, how to deal with their objections (like some cult members are taught), and teaching me how to be more tuned into them so they want to basically follow all my suggestions. Seems like mind control to me.

Something about this feels fishy....I guess in my years as a maturing human, I have learned some things about respecting people and I feel I would have to start to compromise these things I have learned over time. Doesn't sound attractive.

I feel like my discontent will eventually translate into bile in the dragon's mouth and the great Primerica will spit me out. Maybe that is not such a bad thing. I am out more than my money though, also lots of time and buying into vague hopes that I have yet to see those who've been here longer accomplish.

The good part is that it may have taken me this experience to point me in the right direction to study good materials in financial advising. That was an interest I needed to learn more about. I am definitely paying more attention to my own financial planning and that of my loved ones.

This was meant as a rebuttal, but got to be a journal entry. Rick, I agree, time is precious. I think that you are wary primarily because you are a hard-working, self motivated family man. These are the people this company would love to snag into the 'dream'.

I think the saddest thing about us(in the company) is our attitude on corporate bank bashing and we are the biggest one making money on people, just convincing them we are doing it more honestly. I do also feel that we do it by greedifying people who are at a crossroads financially, and may really need more money, and begin believing there is an easier way to make money. It really is about dollar signs in all our eyes. I am talking about me, here. I don't want to be greedified nor do I wish to make my money with overpriced products which must pay many others much more over me.

The truth is that people need to live within their means. There are many ways to help them do this without selling products. But that is where the money is generated.
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#8 Consumer Comment

To R - Modesto, CA

AUTHOR: Paul - ()

You are right, MLM is legal. However, you are absolutely incorrect in stating that those two books make any such statements about MLM. Robert Kiyosaki (Rich Dad, Poor Dad) favors real estate more than any other business. He never made any statements about what type of business produces the most millionaires. He encourages people to start their own businesses and hints that MLM is an option, nothing more.



Thomas Stanley, in the Millionaire Next Door and the Millionaire Mind, never says that MLMs produce the most millionaires. He says only that business owners make up the bulk. He only mentions MLMs in passing and certainly does not encourage them at all. Most of the entreprenuer/business owners are doing real businesses in which they produce a product, own working capital, etc.



"4) This is more of a question than a comment? If Primerica is so bad, why has it been around for so long? I belive (not sure) approx. 25 years.. That is a long time.



5) Also, I have seen it's Corporate office in Georgia and it has to have its own zip code!! That building is huge.. They must be doing something right..



Longevity and a large building mean absolutely nothing. There is no correlation between these things and a business' success, future success, ethical behavior, and opportunity for employees. It is silly and specious to make that association.



Finally, the real issue with Primerica is not so much that it is very unlikely to produce cash flow for its agents, but that its products are terrible.



The $Mart loan is deceptive. It refinances at a higher interest rate but uses an extra annual payment schedule to reduce interest paid overall. What the representative doesn't tell the client is that they could, with their existing lower rate loan or a new refinanced lower rate loan, make the same early payments and save even more. The point is extra payments save on interest paid over the life of the loan. Anyone can make extra payments, without any special program. This is always advisable. What saves even more money is a low interest rate in conjunction with this. Primerica dances around this deception.



Their term life plans are always more expensive than other equivalent, level policies.



Salomon Smith Barney funds are high load. Their is no correlation between loads and fund returns. Go find a no load mutual fund and you'll automatically be making 1-3% more per year on your money.



Finally, the agents are no trained to handle personal finance which is much more complicated than just debt reduction. So many charitable orgs and non profits, not to mention basic internet and library information can help someone reduce their debt. They don't need primerica for this. But for estate planning and other technical issues, primerica reps make costly uninformed mistakes.
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#9 Consumer Comment

Smelled a rat!

AUTHOR: Tom - ()

When I got an email from a women in Northamton, Mass I was suspicious. The email said I was qualified for their expansion into the Hartford region. That's news to me, I've been working under the table as a musician for the past year. I have no experience in business or selling. So I figured they pulled my name out of a hat.



I checked them out here first and when I saw all the pages of complaints, I emailed it all back to her with a simple "No thanks, read why". (Heh-heh)



Northampton is 75 miles from where I live and by the looks of the other posts, I saved myself a wasted day of being brainwashed.
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#10 Consumer Comment

In defense of "pyramid schemes.."

AUTHOR: R - ()

Hello, I am reading this site for informational purposes on Primerica. I appreciate both the positive and negative comments about this company because I am considering joining this company. I just have a few comments on what I have been reading..



1) In denfense of MLM, I think it is a legit business. According to the law, a pyramid scheme is a money scheme that ask people for money, but does not offer a service or product. Primerica does both.



2) According to books (has nothing to do with MLM) like Rich Dad Poor Dad and The Millionaire next door, MLM has made the most Millionaire's than any other business.



3) There is always a bad apple that can spoil the whole barrel.. I agree there are some deceptive people, but not all Primerica reps are out to rip you off.. When I was invited to a meeting, I was told it was just that, a meeting.. Not an interview.



4) This is more of a question than a comment? If Primerica is so bad, why has it been around for so long? I belive (not sure) approx. 25 years.. That is a long time.



5) Also, I have seen it's Corporate office in Georgia and it has to have its own zip code!! That building is huge.. They must be doing something right..



Those are just some views I wanted to share. Again, I want to say, I appreciate everyone's views both good and bad. It will help me decide if I want to work for this comapany or not.
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#11 Consumer Comment

In defense of "pyramid schemes.."

AUTHOR: R - ()

Hello, I am reading this site for informational purposes on Primerica. I appreciate both the positive and negative comments about this company because I am considering joining this company. I just have a few comments on what I have been reading..



1) In denfense of MLM, I think it is a legit business. According to the law, a pyramid scheme is a money scheme that ask people for money, but does not offer a service or product. Primerica does both.



2) According to books (has nothing to do with MLM) like Rich Dad Poor Dad and The Millionaire next door, MLM has made the most Millionaire's than any other business.



3) There is always a bad apple that can spoil the whole barrel.. I agree there are some deceptive people, but not all Primerica reps are out to rip you off.. When I was invited to a meeting, I was told it was just that, a meeting.. Not an interview.



4) This is more of a question than a comment? If Primerica is so bad, why has it been around for so long? I belive (not sure) approx. 25 years.. That is a long time.



5) Also, I have seen it's Corporate office in Georgia and it has to have its own zip code!! That building is huge.. They must be doing something right..



Those are just some views I wanted to share. Again, I want to say, I appreciate everyone's views both good and bad. It will help me decide if I want to work for this comapany or not.
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#12 Consumer Comment

In defense of "pyramid schemes.."

AUTHOR: R - ()

Hello, I am reading this site for informational purposes on Primerica. I appreciate both the positive and negative comments about this company because I am considering joining this company. I just have a few comments on what I have been reading..



1) In denfense of MLM, I think it is a legit business. According to the law, a pyramid scheme is a money scheme that ask people for money, but does not offer a service or product. Primerica does both.



2) According to books (has nothing to do with MLM) like Rich Dad Poor Dad and The Millionaire next door, MLM has made the most Millionaire's than any other business.



3) There is always a bad apple that can spoil the whole barrel.. I agree there are some deceptive people, but not all Primerica reps are out to rip you off.. When I was invited to a meeting, I was told it was just that, a meeting.. Not an interview.



4) This is more of a question than a comment? If Primerica is so bad, why has it been around for so long? I belive (not sure) approx. 25 years.. That is a long time.



5) Also, I have seen it's Corporate office in Georgia and it has to have its own zip code!! That building is huge.. They must be doing something right..



Those are just some views I wanted to share. Again, I want to say, I appreciate everyone's views both good and bad. It will help me decide if I want to work for this comapany or not.
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#13 Consumer Comment

In defense of "pyramid schemes.."

AUTHOR: R - ()

Hello, I am reading this site for informational purposes on Primerica. I appreciate both the positive and negative comments about this company because I am considering joining this company. I just have a few comments on what I have been reading..



1) In denfense of MLM, I think it is a legit business. According to the law, a pyramid scheme is a money scheme that ask people for money, but does not offer a service or product. Primerica does both.



2) According to books (has nothing to do with MLM) like Rich Dad Poor Dad and The Millionaire next door, MLM has made the most Millionaire's than any other business.



3) There is always a bad apple that can spoil the whole barrel.. I agree there are some deceptive people, but not all Primerica reps are out to rip you off.. When I was invited to a meeting, I was told it was just that, a meeting.. Not an interview.



4) This is more of a question than a comment? If Primerica is so bad, why has it been around for so long? I belive (not sure) approx. 25 years.. That is a long time.



5) Also, I have seen it's Corporate office in Georgia and it has to have its own zip code!! That building is huge.. They must be doing something right..



Those are just some views I wanted to share. Again, I want to say, I appreciate everyone's views both good and bad. It will help me decide if I want to work for this comapany or not.
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#14 Consumer Comment

Let us know.

AUTHOR: C - ()

Joe,

Let us know how you're doing in a year. PFS agent turnover has been near (even above) 100% for years. Give us the full scoop next August.
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#15 UPDATE Employee

Every company has their bad seeds

AUTHOR: Joe - ()

I recently moved to the city because my wife had a job offer here, and chose to leave my old job. Luckily for me, my sister in law invited me to an overview for Primerica. I thought it was very entertaining how much it seemed like an infomercial. My s-i-l 's upline gave me a CD to listen to on the way home. I had a long drive ahead of me, and figured, what the heck? Once again, this CD sounded like an infomercial.



I dreaded the meeting I had set for the next night with her uplines, I thought I was being pulled into some kind of scheme that I couldn't back down from, and of course the name Citigroup scared the heck out of me, (especially since I owed them so much money on credit cards.)



I told my s-i-l my thoughts, and she assured me that she had these same feelings about them at first. Just to meet with them and ask some questions. So I went...



I had my doubts, but figured I should give it a try since I was going to relocate and was looking for work. To shorten this up... That was two months ago, and I am completely satisfied with my adventures with Primerica. We live in a world where we are constantly watching our backs to keep from being taken advantage of.



Like any company, there are good and bad people in it. How many honest people were with Enron? Lots, but they are tainted by the people they worked with. How about State Farm? There are plenty of crooks, plenty of honest people as well. How about your local grocery store? How about your church?



Anyway, I know that my business practices are honest and done with integrity, so I don't feel the need to be defensive. I just wanted to let some of these people know that there are some good representatives out there.



Also: ***Whomever received messages on their machines saying they're offering you a job, REPORT THEM TO PRIMERICA. It is against Primerica's policies to mislead anyone into thinking this is a "SURE THING".



Also, this business is built on how much you put into it. Just because you don't understand something don't just dismiss it and badmouth it, research it. Every company is probably reported on this thing for people whom are upset with their services. For every person whom complained, there are hundreds whom are satisfied. Thanks.
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#16 Consumer Comment

Neil , I agree ..How anyone could defend this company is beyond me.

AUTHOR: S - ()

How about outright lying by Primerica people? My husband asked at the college today and he was told that they would never provide that sort of information to anyone such as our address or phone number.



My husband asked this person from Primerica if he got his name and phone number from his teacher Mr ****, and this liar said yes. Well, Mr **** has never heard of this person or this company, it was an outright lie. So how did this person get my phone number and my husband's name?



What else do they know about my family? I also want to know about all of the secrecy, as the caller would not tell my husband anything beyond "You're name came across my desk, come to this meeting and if you are interested stay for the second part of a 3 part interview".



I mentioned to my husband last night that when the caller left the message on our machine that he sounded just like a telemarketer reading from a script.



How anyone could defend this company is beyond me. All of the posts by Primerica supporters sound just like the programmed ravings of members of a cult. It's frightening to think that these large corporations have stooped to what sounds just like pyramid scams. It's shameful, absolutely shameful.
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#17 Consumer Comment

Neil , I agree ..How anyone could defend this company is beyond me.

AUTHOR: S - ()

How about outright lying by Primerica people? My husband asked at the college today and he was told that they would never provide that sort of information to anyone such as our address or phone number.



My husband asked this person from Primerica if he got his name and phone number from his teacher Mr ****, and this liar said yes. Well, Mr **** has never heard of this person or this company, it was an outright lie. So how did this person get my phone number and my husband's name?



What else do they know about my family? I also want to know about all of the secrecy, as the caller would not tell my husband anything beyond "You're name came across my desk, come to this meeting and if you are interested stay for the second part of a 3 part interview".



I mentioned to my husband last night that when the caller left the message on our machine that he sounded just like a telemarketer reading from a script.



How anyone could defend this company is beyond me. All of the posts by Primerica supporters sound just like the programmed ravings of members of a cult. It's frightening to think that these large corporations have stooped to what sounds just like pyramid scams. It's shameful, absolutely shameful.
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#18 Consumer Comment

Neil , I agree ..How anyone could defend this company is beyond me.

AUTHOR: S - ()

How about outright lying by Primerica people? My husband asked at the college today and he was told that they would never provide that sort of information to anyone such as our address or phone number.



My husband asked this person from Primerica if he got his name and phone number from his teacher Mr ****, and this liar said yes. Well, Mr **** has never heard of this person or this company, it was an outright lie. So how did this person get my phone number and my husband's name?



What else do they know about my family? I also want to know about all of the secrecy, as the caller would not tell my husband anything beyond "You're name came across my desk, come to this meeting and if you are interested stay for the second part of a 3 part interview".



I mentioned to my husband last night that when the caller left the message on our machine that he sounded just like a telemarketer reading from a script.



How anyone could defend this company is beyond me. All of the posts by Primerica supporters sound just like the programmed ravings of members of a cult. It's frightening to think that these large corporations have stooped to what sounds just like pyramid scams. It's shameful, absolutely shameful.
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#19 Consumer Comment

Neil , I agree ..How anyone could defend this company is beyond me.

AUTHOR: S - ()

How about outright lying by Primerica people? My husband asked at the college today and he was told that they would never provide that sort of information to anyone such as our address or phone number.



My husband asked this person from Primerica if he got his name and phone number from his teacher Mr ****, and this liar said yes. Well, Mr **** has never heard of this person or this company, it was an outright lie. So how did this person get my phone number and my husband's name?



What else do they know about my family? I also want to know about all of the secrecy, as the caller would not tell my husband anything beyond "You're name came across my desk, come to this meeting and if you are interested stay for the second part of a 3 part interview".



I mentioned to my husband last night that when the caller left the message on our machine that he sounded just like a telemarketer reading from a script.



How anyone could defend this company is beyond me. All of the posts by Primerica supporters sound just like the programmed ravings of members of a cult. It's frightening to think that these large corporations have stooped to what sounds just like pyramid scams. It's shameful, absolutely shameful.
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#20 Consumer Comment

Thank You For The Posts Concerning Primerica

AUTHOR: S - ()

I have been sitting here reading the posts on this site for the past two hours. My husband recieved a phone call a couple days ago from someone at Primerica. The message the caller left on the answering machine was so full of mumbling that my husband called back to find out who it was. Turns out the caller got my husband's name from the community college he is attending. Said he thought my husband might be interested in a total career change. I thought it odd considering my husband is taking classes to learn more and advance in the same career he has been in for the past 20 years.



The caller wouldn't give my husband any specifics about what the job was, just said to come for a meeting and if he liked what he heard, to stay for an interview. So my husband looked up Primerica and found it to be something along the line of sales. Which made no sense to me since my husband is studying to be a computer programmer.



I am so greatful that he decided to do a web search tonight because his meeting/interview is scheduled for tomorrow. The information we have read on this site has shown us exactly what this "job" is. He has no interest in having anything to do with this company. Those of you who are claiming that Primerica is so wonderful might be a tad more believable if you all weren't so condescending, defensive, and immature enough to call people "dorks". My biggest thanks go to you for opening our eyes to what Primerica is really all about. I can't imagine doing business with, or being involved in a company who recruits so many hostile defensive people.
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#21 Consumer Comment

If everthing is up-front then why the secrecy

AUTHOR: Neil - ()

Ed,



You are showing your immaturity in your petty attacks. The truth of the matter is - if Primerica has nothing to hide then why don't they tell people what they are "interviewing" for.



Why does it have to be so secret? And why do they have to lie about a persons credentials or resume's being a good fit when the only criteria seems to be that the person has a pulse and can write.



The truth is, they don't tell people anything because they want the trap them into a high pressure sales situation to get their money and nothing else.
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#22 0

primerica / ed "ten gallons of bull" laredo,texas

AUTHOR: - ()

I fail to see the irony in being an honest mechanic.

I don't believe you know what honesty is.

You're sorry I wasted my time?

My time was wasted!

Meeting?

Sorry I was never invited to a meeting!

I was invited to an interview, "a three step interview".

I came to the first and second steps and was never interviewed.

The company you represent deliberatly mislead me. How dare you attack my honesty, you know absolutely nothing about me!!
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#23 REBUTTAL Owner of company

waste

AUTHOR: ed - ()

auto mechanic !

how ironic an honest mechanic.



Im sorry you wasted your time.

this opportunity, as you know,

is not for everybody, this means

you. And if you did not pick up

anything at the meeting

that should help you

with your finances, then

for sure this is not for you.

Good luck
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