Complaint Review: Primerica
- Category: Financial Services
Primerica, shameful Lies, Hazelton, ripoff, takes money from employees Hazelton Pennsylvania
*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.
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I knew immediatly i was being taken advantage of, so when my husband came home i asked him to speak to the recruiter to see if i could get my money back. Needless to say it was 3 hours until they got $200 from my husband as well.
We tried recruiting our friends to see if we could make a business out of this. We come from a VERY poor area and almost everyone we knew couldnt afford the start-up fee, so we tried to help them by putting up the money for them with our credit card. (After all we would get our money back, right?) Well, soon we had given primerica a total of $1,200, which they assured us we would earn in no time.
We went to the meetings, took the classes, booked appointments, we even all got licensed. I sold my parents life insurance thinking i was helping them out, and they bought it thinking i would make a commision. Well, my upline got the commision from them, just like every other deal i closed. I never saw a penny.
When i was finally reimbursed my 2oo dollars, the check bounced, costing me even more in bank fees. And it wasnt until the friends i had recruited made their first 6 appointments that i found out that when you get reimbursed the check comes from your upline. In other words, since i recruited them, i was responsible for their reimbursement. I was the one who put up the money for them in the first place!!! Where is my money?
When i was pregnant and on bedrest, they couldnt make any money off of me, so the calls and friendships i thought i had built with my co-workers ceased.
All commisions went to the people above us. we spent more than 2 thousand dollars and a year and a half of our time, and when it was all said and done, the people who were "helping us start our own business" made a profit on our loss. When i finally cut all ties with primerica, they had the nerve to send me a bill for $15. Not sure for what, but they'll see that money when they tear it from my cold, dead hands.
This report was posted on Ripoff Report on 04/30/2005 11:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/primerica/hazelton-pennsylvania/primerica-shameful-lies-hazelton-ripoff-takes-money-from-employees-hazelton-pennsylvan-141089. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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