Primerica Financial Services RIPOFF A job too good to be true without college education, probably is. Springfield Ohio

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*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.

Recently, I have been actively looking for a new job. Since, I have money saved, I am able to narrow my choices in a time frame of two months. I believe, this offers a way to really do research into the companies I am looking at.

At the current moment, I am in the National Guard, and attending classes at a local college for an accounting degree.

I recently placed my resume on monster.com in hopes to find a decent job. In between interviewing for a financial firm, I received a phone call regarding a finacial business oppurtunity for management. I, being naive, thought it was another branch to the firm I was applying to. Since, they said that my resume was sent to their new office and they were looking in to see if I would be more interested in working there. I know I jumped the gun.

After setting up an interview time, the recruiter told me to make sure I bring my resume may in. (Again? Hadn't they already seen it?)

Well, apparently they had another office somewhere else in Springsfield, but decided to move into another one. It happens, but under the circumstances I was seeing, didn't look to me as being in the norm. One thing I notice going into an office is how old are their magazine subscriptions. When it appears to be a Forbes magazine from 2001 or older that frustrates me. I mean, it should be a new office, why old magazines? My father, a business consultant and CEO of a computer kiosk company, keeps a collection of old magazines as references; however, he does not place them in the lobby of his office at work.

I thought it would be a one-on-one interview; however, it was a group informational meeting. Wow. Did I step into something new? After speaking about the company for fifteen minutes, they proceeded into the "pyramid." Ahh yes. I turned away. (Later, I took a gander at the "how many people who have made it the 50,000 - 100,000 level." About 2,800 people out of well over 4,000 offices. Here they're saying lots of people make this much in our business. Umm, in whose eyes? Ahh yes, the recruiter could not answer all my questions.)

I like to have time to think about my options, but they claimed that the position was going fast and would like to schedule me for an interview the next day. WOW!! At the interview, they spoke of the classes and how it would be $199 up front. Briefly they spoke of the qualifications and the opportunities. I was suckered in.

After pausing, to make their decision, I was offered the position. Hmm, I jumped the gun a little too soon. I gave them my charge card, and signed two papers. One was for the charge card, the other was for a two paragraph paper.

I left a little satisfied, only to go down the elevator, and find a lady in the same building rebuking their credibility and offering me a job at her office. Wow.

Later that night I went to see my dad about the job. He and I researched and reviewed all the paper work. Ahh, they set me up in a binding contract and failed to tell me about all the fine lines. I don't ever recall signing this six page list. Nor, filling out the paperwork that connected me to the load of "crap."

I found a previous associate of the firm, who met with me over brunch. She did not have the best reviews about the business, nor found much success. She recently finished her degree in Finance and Business and stated that their were many "wrongs" in the business.

During the interview they went through my references. Referrals are different from references. I wanted my references to be references. I write letters to my references to ask if I may name them. I don't ask them if I can solicitate their information.

One of my references were solely based on my part time assistance when the company was overloaded with extra work. (The individual was a CEO for an accounting company.) Obvioulsy, I didn't want to have him be used for a debt collitation. For me, I would suspect it be a slap in the face.

(Later) The recruiter kept pushing that she give him a "Financial Analysist." I was outraged. I couldn't believe my references were being used as referrals.


Two days later, I confronted the recruiter about all the questions she kept slumping off. She declare. "Obviously, you were only looking at the dirt about the company. Did you do any research on the good of the company?" Ahh yeah, too bad the only credible sites for the "good" came from Primerica and Associates. She then proceeded to inform me that Citibank is the largest in the business, wrong. Ahh, yes, AND in Forbes 2000, Primerica and Citibank was one of the top picks. Forbes 2000. Great.

I called my bank for the last few transactions, nothing has gone through or is "pending" for the $199; however, the recruiter claimed that I would have to send a letter to Georgia to receive my money within 120 days, with a $40 deduction for processing. Since, she hasn't even turned in the papers for it to go through, how is it that I am to pay $40 to a process that hasn't been implicated as of yet?

This next paragraph is a bit jumbled because I am infuriated and it's the thinking process not working correctly:

Oh, by the way, the mortgage loan licence, it's a video with a worksheet you must fill out. You can't actually process the loan. You can ONLY distribute the application for the loan. The way that they are saying the classes are for you to become an analyst. Look closely, people get financial degrees, how is one week course going to give you the same education as that degree did? It doesn't. Simple. The recruiter did speak to me about stocks and funds, which is not allowed for her to do. She is not legally allowed to touch those topics. Ahh, yes, I like the concept of the company, not the way it runs.


M
Dayton, Ohio
U.S.A.

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