I went up to him and asked him about the office manager role. Report investment scams to the right government agency. I tell her my mom had me when she was 18 and I grew up poor. I have been with Primerica for almost a year. As I read these comments, I am curious as to if the author took the time to do a THOROUGH investigation of this company. In light of this information, I will be canceling. He said he wasnt interested and she stopped him by saying that she wouldnt take no for an answer and proceed to schedule to come over to explain the details of her opportunity, we exchanged numbers and walked away since my husband was annoyed with the lady already, we bolted from the store and went home to google the name that i had seen on her sweater and we came across this post, after reading all of the comments my husband txt the lady to tell her that he was not interested in what she was offering and she responded with like three emails back to back insisting that she come over with her husband to explain to us what they do, since she was so vague at the store. He spoke and I listened. I still like her, she seems nice. Wow was not expecting it to be such a rabbit whole. In fact, the only thing I remember from that call was his saying Citi weird. The annuities and mutual funds are sold via a licensed dealer and broker called PFS Investments. The man and his wife came to our home for a supposed interview. Its an exhausting way to make a living. If you never got paid for telling people, would you still tell people about it? We both said yeah and he gave us his wifes number and took our numbers down. The plates say something like A-TEAM. Thats the nature of working in several industries overseen by a regulatory body. I finally ended it telling her Im sorry but no and she said thank you and turned her back on me. Im canceling my interview for tomorrow. The recruiter may actually be vague in most cases when trying to get people to come check out the company but that doesnt mean they the information you will get about saving for retirement, etc is false or lies. They explained how everything worked and it all seemed to be on the up-and-up. Some are a couple miles down the road and some are across the country or across the ocean to the most fantastic scenery or landmarks you've ever seen. As you also stated, there are no downlines involved. I immediately texted Mary to shred my application and that I was not interested. Got an e-mail (I use that term lightly, he had a hotmail address) from someone saying my resume had been passed on to him. Primerica Debt Management How Can You Make Money With Primerica? Plus his wife worked full-time here too. They both return later that same evening and buy more merchandise. Here is another good read that breaks down how much the corporation makes just from recruits, and reps: Pyramid Schemes | Investor.gov I got suspicious after I asked her the company name and her voice sounded muffled everytime she said it. I just hope it was a legit employee just trying to recruit more people. They are a scam! I am so tired of these scammers connecting with you and then giving you a sales pitch. What a waste of one hour, these scammers will not be at my house nor will I have contact with them again. Mary arrives and is her same cordial self. Was hit up on LinkedIn and Im not looking for a job but still wanted to search out what crazy company was messaging me on LinkedIn again. When I called her back, she reiterated her voice message and went on to briefly discuss the position for leadership role for this company and requested to set up an interview. Im grateful for this site and the posts here. Same thing as he told me when I asked him why I hadnt been told about the fee to write the state exam: we give recruits information on a need-to-know basis.. too much information would overload your mind and paralyze you from making smart business decisions.. Well, no touchdown today for you, Primerica! He was very vague. Today the husband called and said his wife said I had people skills and was very vague and I had to really ask what was the company after the asked me to come in for an interview. He did have an office, yes, but that doesnt necessarily mean he made the money to keep it afloat. Then I felt a bit ashamed for thinking badly as I remember Johns words to me, that he would always act in my best interest as an expert in building a business. It was nice how they fooled some people but I was ready to go after 5 minutes, it reminded me too much of cutco knives sales pitch. Were 30 mins in this interview, hes asked me for $124, 3 people i have to refer who will also pay $124, my credit card info, 25 phone numbers to also call and sell insurance too, and then called my parents for a home meeting. After that she was with very little interest to meet again. All of this is broken into ordinary conversation somehow. Toward the end of my time there, hed told me he wanted me to set up Primerica as the retirement investment for employees. (Unlike in regular companies where everyone makes money, although some make more than others.). Thanks for all the information. promote propaganda and sob stories of people getting shafted out of their whole life or group life insurance as a scare tactic. I already worked full time for a corporate company but just needed some side income. Its funny how my perspective has changed. After attending a couple of the information sessions myself. If you believe Wall Street has a moral compass you are sadly mistaken. Very few people want to do the hard work thats required to succeed. No, Primerica does not offer services that justify a higher price. His BTW came out his wife works for DTE because he says during this interview I always tell my wife after 10 years of her working for dte she will be able to retire and be a stay at home mom like her dream and that is soon, SO I ask, Do you work there during the days and at which location She tells me and says Oh this is just my side hustle everybody has to have at least one, I used to do make up and hair, weddings and birthdays, blah blah blah. I told her I was wary of making any appointments because I had no information on the company. In public. Primerica's MO is using people to convert their acquaintances into customers. By the way, based on those 2.28 policies you sell all year, your commission will be maybe $300-$500, less all your expenses. I got an email from Mark that hed like to set up an interview. At least i can say i tried on something that could have worked. I kept asking what my role would be and he kept replying that he didnt know, that he could not tell from my resume what I could do and that he was not offering me a job. Im glad I did my research. they called me yesterday afternoon while I was at one of my jobs. I couldnt make out the muffled answer but saw his demeanor change to become a bit more aggressive. I went with desperately expecting to land a job . Its about finding suckers who can be talked into signing up for the MLM. MLM is not a business. LISLE IL. Hey guys, so I went through the exact same thing, someone on one of my social media had publicized a post saying anyone 18 and over looking for a.job, my company is hiring. I was interested so I messaged the person and I asked what company and what position, she briefly told me it was a financial services company and that was it. (OK, he didnt really say busy busy busy, but now that I think back that is the impression that he gave me.) Company name finally? When you feel the need to bully someone like that, there is something lacking in you. So I bit and went to the interview. I have never worked in the financial industry before so I did not know what to expect. Wow, I have an interview set for this Tuesday, needless to say I will not be going to it! I was in the middle of Target, shopping in the electronics aisle. You all invite me here to interrogate me about more people just to get mad and be rude to me. Another woman, in her mid to late 20s like me, walked in and was handed the same paperwork I had to fill out. but after reading this I wont be going. As I still had about 10 minutes to spare, I drove around the parking lot to make sure I had the right address. Im not sure why the internet continues to say PRI is MLM. Because if they tell you the truth, you wont come in. I met with her, and liked what I saw. How in the world they got my resume in a snail mail environment is still a mystery. You would be an independent contractor, so they dont care what your age or appearance is. Another flyer announces two meetings. Promptly at six a man walked in and introduced himself and said he was there for an interview with John. What it seems to be is actually a high interest line of credit. 1. i dont get paid to recruit people, i COULD get a % of what they CAN make from what their clients get for premiums, EX. PFS Investments Pay & Benefits reviews - indeed.com Hopefully she has read all the history on this company and so on. I get NOTHING from writing about multi-level marketing scams. I knew that kind of pushiness in indicative of something bad but I gave in anyway because like I said, I loved the couple and I really did like the financial planning part of the system. You are not your own boss if you have to hand over your personal contacts to your Primerica rep and get no pay for having to attend their training and info sessions. It was the first time I smelled something fishy. The company and product reputation aside, as a source of personal income they truly fall shortgenerously speaking. My father passed away in May. It just all seemed very cheap and tacky, like the trinkets around the office. The rep was upfront, has his Primerica advertisements with him at the event, and never tried to make it seem like it was a job. I felt like he was trying to get me as a customernot interviewing me for a position. First of all, the company does have physical product within its structure - insurance and financial services around debt-solutions, investments, legal protection, etc. I hope this helps anyone considering Primerica or any MLM company for a career but dont let desperation drive you to a poor career decision. I may have broken his fingers and I shook his hand He started his presentation about the company, asking us how much wed like to make. Also this company has to be licensed in each state by the Insurance Comissioner. I basically got the same answers I received from the man at Target again. He kept repeating that they are teaching people how to use their money, but without really saying anything else. not a business From that, I just wonder why he wants my wife to get involved on this.. Lol! Success in MLM is not tied to how hard you work. Unusual, yes, a scam, no. I agree with your assessment that Primerica is not by definition a pyramid scheme. I was excited and didnt even think to look up the company until I got a text message at 11:30pm to confirm my interview. The rep said she got my resum through Monster and wanted to give me an opportunity. Act really dumb and make them explain things 3 or 4 times. He did butter me up, but Im no fool and and the fees were ridiculous, didnt make sense. when I asked how they obtained my number they said through a referral. I interject, Im sorry, what exactly is it that you do? Got a call from someone who said she was expanding her business in my state and is transferring from Texas and if I was interested in a business opportunity there. People are recruited into multiple levels in the pyramid. Goodness gracious thank you for the comments, almost went to an interview. For any agent to be paid any comm. I tell her I would like to do more of it. I wasnt aware I had even received the job, so I just agreed and figured I could back out later. Three days ago, a pair of women came into my store to purchase some items. Then she laid it on the table: I needed to go out and start recruiting. They would contract with these companies to offer customized plans that are not offered if you the customer dont go through Primerica first. He proceeded to tell me that he called his partner about me and said I am great with people and would love for me to join their team if I was open to opportunities. I too have an interview scheduled for tomorrow. In addition, how Im going to have to pay $99 for license + $25 utilities (no other job makes me do this?). PFS Investments Inc Type: Mutual Fund Annual Costs: $129 Cost Details Average Expense Ratio: 1.09% Range Details Surrender Fees: None Commissions: Yes Roth Eligible Add to Compare Add to Favorites Set as My Product Enrollment and Questions Use the following contact information to enroll or ask questions. Laws have been put in place to prevent this flawed business scheme . Good servant leaders in Primerica do not trick people. my son is employed there. Its so much worse and you cant get you to six figures even if you work your ass off. We talk for a second longer, she makes a point of showing me her expensive car and vanity plates (I realize now how often she was trying to make displays of wealth from the moment I met her). He collects his clients resumes and he did it in front of me. I raised my eyebrow, curious as to how he could explain that one away. So, with that experience under my belt, life goes on. As someone whos in commission sales- I feel bad for people who fall into companies like this one. As they were talking I was looking up scam reviews and saw 160 on another website. About a week later she calls me. What a joke. Currently my interview still stands, I was apprehensive since Ive worked exclusively in retail but excited to explore a new field of work. Primerica Review - Is Primerica A Pyramid Scheme - Scam Or Legit A phone call is more personal, and taking down someones number to give to ones own trainer is the model we use. 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! I was actually recruited by a Primerica rep that paid the $99 fee for me. Thank you, I texted her your web blog and stated I WILL NOT BE SHOWING UP. I had no desire to pursue such a career related to insurance, as I prefer investing. The early investors actually get paid those big. Report investment scams by state-licensed companies to your state's securities administrator. But the way I see it, is that why should I care about what other people are saying about this company. I made a decent living $30,000, but its much harder than most people even imagine and it truly does require that you do oodles of prospecting. Plus who knew if they actually still earned that? Now of course I realize that I was probably the only one who wanted to learn. Yes, Atlantis the mythical Hellenic city submerged in ancient times. PRIMERICA pls Stop dont west ppls time!! I went to the interview and I payed the $99 and they have all Cancelled my appointment with them. In this review of Primerica Aaron Goldsten, who was a representative for a year in the mlm primerica financial services reveals the truth and talks about the. If I had a little more information I wouldve researched the company, but there wasnt even a specific name, Im not sure why I didnt consider it a scam at the time. Employers are not evasive about what they need. It appears that some above posters (mostly young) do not realize this? I was approached last night while grocery shopping at Star market. The whole thing seemed extremely odd to me that they would be interested in employing someone like myself who has zero experience in this field. He called again. $99 fee was mentioned. NO legitimate for hire position will require the applicant to pay for the privilege to work for the company. Split between two people working full-time, it really wasnt that impressive. Peace and blessings to you. Primerica offers web-based learning materials and a practice exam. They went through my Finances and sorted them all out and gave me a plan to pay everything off in a pretty cool schedule/plan. Im rather candid so I mentioned i was a bit dissatisfied but hey, it pays the bills. At least then they can make informed decisions. 8 Controversial MLM Schemes To Stay Away From | GOBankingRates I was at one of their interviews just a couple hours ago. The dude ignored me completely. They are in the business of selling real estate. We hardly talked about me and my background. They have a lot of my information? She gave me vague details about the company. after hearing these non descriptive answers at this point Im like yea, ok very high chance I will not be showing up. They had told me they work with middle-class Americans, ones making from 30,000 to 160,000, not people who were making anything over $250,000. The building that the interview took place at was unmarked on the outside and rather desolate on the inside, and it was situated next to a masonry business past the outskirts of the nearest town, of all things. Im currently in the process of getting out of my tiered J-O-B and starting my own tiers separate and independent of my current J-O-B. Sell any and all medications over the world. Where you could start off making $2,000 a month easy with only 4 clients. He called me again and I ignored the call. I told him I was talking summer courses and I really wasnt looking for work but I actually was (does that make sense?). Just went to one of these sad displays lst night got dragged in by a friend. lol He went on to tell me that they were moving their business from Milwaukee to Chicago and are looking for people to help run a couple businesses here, here I thought oh boy, a sales position, no thank you I thought in my mind. It was fishy at first, but I thought the best of it. At least this way, I can practice negotiating for a higher pay level, and interviewing in general.