I would love to hear a Primerican respond, and dont use the cliche, not everone is right for Primerica, because that realistically just points the finger back at their recruiting department! 1. transfer job locations to my home time and end up getting paid a little more + be with all my family + be happier. Why would this kid go into a financial holdings company, with a leather-bound notebook? An mlm opportunity is not a pyramid scheme when it promotes and sells products or services, not just memberships. Everything I am reading in these comments sounds almost exactly like my experience with them. Third, my agent told us that he much preferred to bring in people to work just part-time, and he had for his first 18 months with the company, because it takes a while to support oneself in this or any commissioned sales position. PRIMERICA pls Stop dont west ppls time!! This may be the part where it comes together to the point where people say they hire anyone. The reason for a lack of business card is actually the business model of Primerica. and there was one review on the place, a 5-star rating with no comments added. Still, no alarms. I am not unemployed and actually own my own legitimate business. Auto & Homeowners Insurance 4. You have no honor in your name. I wasted time I dint have wasted my energy got myself siked up for NOTHING! Tracy did you use to do Primerica and was unsuccessful because you seem very angry with the company? Tamara Most of them!!! Not once did they mention anything about a job until an hour into this interview of them talking about prices for my family. Clearly if one can do that for another, one should be able to pocket a nice income Once she quit her little dissertation on the gap between the upper class and middle class and how the middle class can become upper class with our help, she told us to wait as she brought in the guy who had written the review for the company (5 stars. They are so desperate for people. 100% commission pyramid scheme? I received a call today for just such an interview in West Chester, Ohio tomorrow. In Primerica, the game is recruiting into infinity. After reading all these comments im convinced now. Recruiting is not mandatory, as you can make a great income with sales (once licensed as per local regulations, which is what the 99 is for). I leaned forward and held my breath to try to hear the womans reply through the phone. Because MLMs are pyramid schemes in which 99%+ are guaranteed to fail. I got the call from a woman saying she got my rsum from monster. Therefore, before joining Primerica, you might pose and ask yourself if it is a pyramid scheme. I remember hearing negative things about Primerica, but that was in the late 90s. Its dead quiet, and a woman Ill call Mary comes in, telling me she is waiting for someone she had met there the night before. Term Life Insurance 3. He noticed, and must have read my mind because he said in an argumentative way, hey, I need something to show for my time too right. 1. Anyone? And I was like a job description of what Ill be doing and how the company works. The only thing that bothers me about Primerica is being captive and not having the flexibility to sell other products. Also they said they would need to talk to my parents, remember Im a student in school so maybe it might of been valid for parental consent, but to me this was bit fishy as this may have been a way for them to start getting business off me. I am not shown this. Forbes predicts Primerica will do to financial services what Amazon did to retail! During our brief phone chat, she asked if I knew Primerica and I told her that I hadnt. Other insurance companies do the same thing but Primerica is ruthless. He knew that I lived in close proximity to his company and asked me if I was still interested in finding a job. I received a call and was told someone left my name and number on his desk. This is a good money maker for Primerica and the finance industry in general- all on the backs of reps. Thank you so much. The rep said she got my resum through Monster and wanted to give me an opportunity. So consumers are overpaying, and likely buying the wrong products. Hes spending more time getting me to do all this than he did explaining the actual job.. As for NFTs, exclusivity and FOMO run the gameeveryone wants in and where there are winners, there are losers. Many years ago I was involved with Primerica. A lot of people here who are unapologetic in their refusal to show up to a meeting they said they would go to after doing research, coming down on agents about ethics. Of course it was muffled so I asked who is this and she repeated I told her I received a missed called from this number and was curious who was trying to reach me, so she put me on hold. A former classmate of mine saw my Facebook post that I was looking for part-time work and called me. Those who participate have bought into the lie that they own their own business. Yes, the company offers legitimate products. Its a good thing Im not stupid and always look up companies before I contact them. After all of this fiasco, they have become very distant friends and I FINALLY own pretty successful and growing business now from my own hard work. BTW, a presentation is not an interview. Im going to trust my grandpa on this one. They work as a middle man for various insurance and finance industries and get people to join through advice and supporting main street. The so called reps for Primerica find other reps and potential customers and they get a commission on it. I said that I was exclusively looking for Purchasing/Procurement roles as I was a buyer. Pull out your phone. He then asked me to write down 25 people in my contact list over 18 and he would call them for me to see if they would buy insurance and give me part of the profit and get me started. He asked if I had heard of Primerica. She says its just a coat she found around the house she dont work there. Its the 23rd already, isnt it? No, I have never been a part of Primerica. Several times she mentions she is a Christian, in that mostly innocent way Christians sometimes do to feel out a stranger, trying to see if theyre on the team. Now that I have read the previous comments I will not be wasting my Saturday morning to interview with PFS. Then we proceed to training and moving forward. And use to convince FLORIDA retirement sustem workerd to move there money with us thinking thatsba good idea and look what is the result ! I feel deceived, and I feel like my classmate & her boyfriend are being deceived also. 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. And again, its only gross revenue and doesnt include the costs of doin business theyre all responsible for out of pocket! If it sounds too good to be true, mostly it is..Thank you again for posting! There are also barriers of entry ex: background check and licensing. He texted me his contact info after my ride and I noticed it said Primerica Inc. on it so I googled it to find out just exactly I was getting myself into. At school when were prepping for interviews, recruiters ALWAYS want a resume. This is more of my experiences and not really bashing Primerica. They make any failures out to be lazy and incompetent, unfortunately the failure rate is incredibly high. Obviously the other side of this coin is that reps/and recruits dont benefit, and dont find enough value to stay. After realizing her main focus was getting recruits I began to question this whole Primerica thing. I felt awesome, like he had seen the potential in ME to want to spend time teaching me. I didnt have to read much of this thread to decide that I am no longer going to the interview that I have scheduled for Tuesday. Ive seen success, a lot of it, and thats because we had a passion for what we do. I am grateful for the posts by so many and I am glad I cancelled. They know what positions they are trying to fill and what each position entices and dont beat about the bush when asked about that. I told her that I would tell my friends about it but she kept pestering ME to work for her. He also told em they were looking for leaders and instructed me to call him to schedule a meeting. I am so glad to have websites like these were people can learn a little more about what they may be getting themselves into. Sucker Me Not At This Time * What is a pyramid scheme exactly? 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. He added that the goal for all individuals is $1 million before retirement. In conclusion I think its awesome that they make 30 million a year off active reps paying fees, from a business standpoint, of course. Im not recruiting people into a pyramid scheme and praying that they recruit more so that I can make a few pennies. Thanks everyone for your stories. Thanks for the info. Customer Reviews are not used in the calculation of BBB Rating. He went on to explain that the company offers free financial health reports to perspective customers and that all they ask in return from the prospects is they offer up a list of 15 local contacts so they can hopefully recover the expense of this complimentary offer. Im not looking for a job. Turning people away from God will eventually turn you away from Him and all his promises for you. The woman who spoke with me on the phone came to the front and asked for me. I was looking to start a part time business. When I stated that this was just short of a pyramid scheme and that my last interview with the company (5 years ago) resulted in someone wanting me to buy over $100 worth of licenses, they had nothing to say. 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. I feel so used and abused, and the trust is gone! I figured that was the end of it, but she kept calling for a week after. I wouldnt say I was victimized. I have an acquaintance from Facebook who floods my news feed daily with this Primerica crap. It doesnt state that many on the list never again achieved those sales levels. Go some place were you wont have to exploit people looking for a real job. He asked me for my number so that he may call me later, I provided it, and then after he decided to instead just ask me to come see him tomorrow. The guy who stated the *69 comment, yes that does call back the last call, so why tell someone that you are blocking a call and why are you calling back a number that you already talked too?!?!? I went up to him and asked him about the office manager role. The funny thing about all this is that no one mentioned that Primerica is a NYSE company. Out of curiosity, why not expend the same energy to become successful at something you love and be at the top of YOUR pyramid and opposed to being at the bottom of Primericas? He didnt think to clarify my concern so I cancelled the interview there and then. This may be a rough road, dead end, pain, death and not get anywhere. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Like, if someone asked a question that would be fairly customary in the real world, he really would let off on them with something snippy like well, I dont know what youre worth yet. She then insisted on calling me on Wednesday to remind me of the appointment and said I was lucky because the vice president would be there on Wednesday -_-. Law sued and primeica paid millions of $ to keep it dl . I read a post of about how a Primerica employee came for a home interview and spent 3 hours trying to sell them insurance and about 30 mins interviewing them for the position. Financial Advisor (Former Employee) - Fort Worth, TX - November 23, 2022 With a one-time fee of $99 and a monthly fee of $25, you can make more than your startup cost in less than a month. I told them that i was skeptical and would want to research before committing to any policy or any opportunity. So, with that experience under my belt, life goes on. Again, I am a little hungover and I figure well, so what. We talked a little about appliances and after everything was said and done they left. He said no and proceed setting an appointment for me. Its legal, yes..but a scam in every sense of the word, that relies on cult mentality. Real estate agents and brokers are not in the business of recruiting. Number 1 only matters if you want to turn Primerica into your FULL TIME BUSINESS. He finally mentioned he was on the phone with primerica and he was conducting an interview now Very weird so I blocked evrythhng and said no sales. Andrea Youve misstated the concept of MLM. The whole purpose is an endless chain recruitment scheme. After he finished his little job show-and-tell, he walked out and in walked his grandmother, (Im assuming.) I did find it funny though, because it was clear he was representing an MLM based on the fact that his business cards didnt have an actual company name, used a generic Vistaprint background, and listed him as a Financial Coach or something like that. I assumed that would have ended the conversation. I agreed to meet with her the next day at 6 pm (again another red flag). The first presenter is very good. Amway is a well-known brand based in the United States that distributes health, beauty, and home care products through a network of independent business . When you get that defensive and that angry, its like you feel the need to justify yourself so you go into defensive mode. 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. Yes, but for other areas, not recruiting. Am a cashier nothing spectacular, but I still enjoy it. No rebuttal, just got off the phone. I asked him if i got the license would the job be guaranteed and he said yes. I have another so called meeting tonight with him. I just went on a interview yesterday June 22nd She had once had an office in an actual storefront on a mixed commercial/residential street in the neighborhood, but now ran her business with no outside marker out of her husbands auto body shop. She also told me she was just leaving church lol. The first red flag of the call was that she did not state the name of the company from which she called. I am actually scheduled for an interview tomorrow which I intended to drive over 100 miles to. They need to bring in new people all the time to train them, when all they are really doing is using up their warm market to write business. I did. Got a free dinner out of it, but I never did anything with it and didnt give them any money. Im still researching the fact, yet still smell pyramid. StephenH195425 [OP] Experior Financial- FRAUD! The plates say something like A-TEAM. Another woman, in her mid to late 20s like me, walked in and was handed the same paperwork I had to fill out. epipens, and or anything that a person needs to have to live and is stupid expensive. So when I flat out asked for a job description, he said that the company was branching out from neighboring Moncton, and because of this they would require an office manager. It smell like a pyramid scheme and look like ones. She chats up the bartender who seems wary of her. Suddenly it occurred to me, who knows what that really means in context. Im glad I did my research. Glad I didnt waste my time. The guy was a fast talker and everything sounded muffled. (Of course, I would also counsel any folks I recruited to the effect that starting with Primerica part-time is the route to avoid disappointment.). I received a call earlier from a rep, or whatever. All the money being made in the quick amount of time. Jorge Exactly what is false and untrue in this article? This guy has spent 30+ years of his life working for a company that promises VERY SIZABLE returns but delivers very little. Told me to bring my social insurance number with me, because if I pass the info session they would like to start to work with me right away I interview with a Primerica Financial guy like 15 years ago. The business of real insurance agents is selling insurance. After hanging up with him, I found this wonderfully put together article and took the time to go through most of the comments as well and found pretty much everybody in agreement that this is a scam. Enter your User ID and click Sign On. I told him I was talking summer courses and I really wasnt looking for work but I actually was (does that make sense?). Just dont give up! I was about to have an interview tomorrow but I cancelled it. Thats the difference. My advice would be to at lease go in for the fake interview, gather informatican about the company for yourself, then decide if its for you or not. The call was so unclear and left me with wanting more information. Theres so many good jobs out there- dont go this route. MLM, in contrast, is a scam based on the recruitment of people into an opportunity to recruit others its endless chain recruiting and thats a scam. I read many reviews like this before I started and while I was active. People keep saying Primerica is MLM because it IS an MLM. When I told him I am no longer interested he kept asking me why and then called me arrogant. I guess I get to add to the list, I received a missed call, I dont check my messages usually and I typically just google the number and see what comes up and then once something pops up I call or dont call this time nothing came up so I called. Promptly at six a man walked in and introduced himself and said he was there for an interview with John. He was strange, deceptive and refused to answer why he supposedly left this well-known company which had me a bit concerned. So I booked an interview with him. I must be remembering wrong I tuned back in just in time to hear him say, well, have you ever heard of Citi? then pause. Not lying to them about what happened either. I spend my time with people who show up. Another pause, then I saw his face relax a bit as he gave directions for the office and set up an interview for 6:30pm that night. When I told my boyfriend about it, who is currently taking a bunch of business, marketing and economic courses (Im a FILM MAJOR so the fact that they wanted me at all should have tipped me off), he said it definitely sounded like a pyramid scam and to look it up. Similar situation Primerica is secretive because thats what all MLMs do. Business opportunities are not for the weak at heart. Thats how I found this site. The receptionist and her shared a vague facial resemblance. Additionally, the MLM structure sucks for the Primerica representatives. Theres no scheme, no one earns more unless you DO more. I was in college when they reached out to me about coming there to work. I had heard him talk many times about the cars and houses that the top leaders in the company owned, and had asked him when he was going to get the viper posted on his wall. We had a small conversation and she claimed she liked my personality and gave me her card. I was shocked. Company name finally? You knowthat phone call that you set up when youre going on a date so that you have an easy escape if you need it?? The subject turns to travel. She asked a few questions about my past work experience as well. No, I am not very angry with the company. I do, however, believe it is very important to inform people about the truth behind multi-level marketing. Not a fan of recruiters that will give great compliments, offer big promises with no details & make unemployed people pay 100.00 to get started. Thank you for the information. They contacted me last week and after the first decline the Recruiter called me back to give more information and requested that I come in for a presentation and make a formed decision after seeing the presentation. Thanks to all who shared their experience. Shame. Also, to those who think its a pyramid scam, we are a NYSE company and have an A+ rating with the BBB. So glad I decided to do some research before going back. I have a friend who just signed on with this company. Got a random call for an interview for a job as a trainer that I never applied to. No, Primerica does not offer services that justify a higher price. If you didnt get the license or actually go on the field then you know nothing. They had the chairs so close together, Im sitting next to strangers and our knees and arms are touching, so Im uncomfortable next to some guy. I was approached last night while grocery shopping at Star market. Do I just block them and never contact them again? Their higher up had done that for them. thanks for the honest comments I well be cancelling my interview tomorrow. However the comments of one man on here did not sit right with me. But I guess well see what they do to me and all of my information. Then why was he so eager to get ahold of my stack of resumes, leads I had paid for?? John breezed through the door and introduced himself then instructed the man to sit down for a few moments; hed be right with him. Blah blahI knew it was bs only because I have had encounters with companies like this when I was younger. Its all recruit, recruit, recruit and eventually a profit will be turned when enough people are in the downline. (applied for this position on Craigslistthe number I received the call from was 347-753-3377). I was left dumbfounded by all these comments. It is a scam in which almost everyone loses money. Didnt add up. Its just that the whole experience left me somewhat unnerved. When you write a resume, youre looking for a job, not an opportunity. Sell any and all medications over the world. Primerica is a brokerage not a MLM. You want a cashier to manage your office? Unusual, yes, a scam, no. The business when presented me, gave me th opportunity to sell other things, like Legal Shield memberships. The first 20 minutes started normal. No way was a guy with $20,000 in debt able to cough up even $500,000 after 3 years if their figures were correct. Okay, made perfect sense. We finally found David. Especially one that deals with financial education and asset management. I got a call after meeting with someone from the workforce. The big no-no for me was that I asked him for a pamphlet, like an information sheet and he was like what do you mean. 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. About 20 minutes later I received a phone at my job stating his name was David. I am so tired of these scammers connecting with you and then giving you a sales pitch.