EDitor's Comment: Rip-off Report Investigation: Primerica gets a POSITIVE RATING in customer support from Rip-off Report and is fulfilling its commitment to provide excellent customer service. Primerica pledges to resolve complaints and address representative issues. For a long time this EDitor had concerns about Primerica because of the number of Reports about them. For many months Rip-off Report was looking into the company, even before they contacted us to resolve any issues and mostly misunderstandings being posted by competitors. With over 100,000 representatives and 6 million clients, Primerica is bound to be the subject of a certain number of complaints about improper agent conduct, as well as product and administrative complaints.
Rip-Off's investigation found such complaints, but importantly also found that Primerica is committed to resolving such complaints quickly and doing everything possible to satisfy its clients. It also takes appropriate action against any of its representatives who are found to have conducted themselves improperly or unethically. We believe that the number of complaints against this company, whether through the Internet or other channels, is small when put into the context of its enormous size. Most big companies would never commit themselves like Primerica has. Read our investigative Report and Primerica's commitment to 100% consumer satisfaction. www.primerica.com provides products and services through independent representatives. Primerica www.primerica.com has more than 100,000 licensed representatives who serve more than 6 million clients in the U.S., Canada, Puerto Rico, Spain and the United Kingdom. Through a Financial Needs Analysis www.primericafna.com, the companys representatives provide a snapshot of a familys financial picture and suggest a strategy for financial security via Primericas products and services www.primericafinancialsolutions.com. Primericas business opportunity is attractive to people from many different backgrounds, including women www.womeninprimerica.com, African-Americans www.primericaaalc.com, Hispanics www.primericalatino.com and young adults www.generationprimerica.com.
I was approached by someone presenting themselves as a "Personal Financial Analyst" with Primerica. Further research made me realize that this person was not a financial planner at all, and in fact was trying to recruit me for his MLM-pyramid type scheme.
I found this on the web and thought everyone else should see it: Links to sites that tell the true story of the "business opportunity" I was presented with.
Are you looking for "the other side" of the PFS "opportunity", backed by hard fact?
Ex-PFS rep/PFS related message boards: (Made of ex-PFS reps, and concerned members of the public)
Ken Young (Insurance Fraud Specialist) Board
Primerica Survivor's Forum
Joe's PFS Forum
Other PFS-related sites: (legal issues, business practices, commentary)
PFS Reps convicted of running a Ponzi scheme. Primerica slapped on the wrist for compliance problems.
This site has a growing file on Primerica. Use their search engine to find out more about Primerica.
History of AL Williams (Primerica's predecessor)
Citigroup Watch: against predatory lending and racial discrimination
Commercial Cult Info
Opposition to Merger (Traveler's - Citibank in 1998 - with specific mention of Primerica)
Malcolm Berko (Nationally Syndicated Columnist) on the PFS "Opportunity"
Replacement is Abuse:
Also, read the excellent paper on the negative aspects of MLM that your PFS rep doesn't want you to consider:
There is plenty of information out there so you can make an informed and proper decision about your family's finances and/or future career.
Click here to read all the other Rip-off Reports on Primerica. You decide after reading who has been victimized