She has probably picked up by now that I am a liberal, so she starts emphasizing that she is a hippy and a Christian whose God loves everyone. She tells me an incredible story about her mom leading a march for gay rights and getting pelted with eggs and vegetables. As for life insurance itself, a small whole life policy with a reasonable death benefit can be helpful in protecting your spouse if you die suddenly. LOL Alex. Also, back then Term insurance was much more novel than it is now. He wasnt really giving me a clear description of the job, but I still heard him out. Its a legit company, but its practices are garbage. 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. Their company relies on always havinga bottom layer of sales people, they move up by getting lower level people constantly to do all the work. I mean, what was taken from them? After all, he was the successful one here of the two of us. 2. if i clock out, it doesnt matter, they need help. And this made me laugh what he said next. Please name some that dont. She wants me to go but ive been down the MLM road before and after a couple months I knew it wasnt real. LOL, Lol thanks God I look it up and they give you such an hope like youre about to win big smh I waist my time dressed all nice thanks God I didnt register yet Im done with them. Nevermind they had all tacky, cheap, white trash decor. They just tried taking a mortgage out for half a million and the bank denied them because neither of them have a real job or make enough money. If they are MLM why have they been charged? It all seemed a little odd since they are a financial company and nowhere in my background is there anything pertaining to finance. I know hedge funds can guarantee growth percentages, but never can they guarantee one that high. Ive been self-employed all my life and, just like real estate, if you dont work, you dont get paid. This is where it got a bit fishy. Are there good people in this business? I just a got a phone call this morning and let it go to voicemail from a Kim calling from Primerica in Arlington Heights. There were a few guests, but I kind of nodded and said hi then left them to my much-wiser business mentor so that I not blow it by saying something dumb. I went in, shook some hands, and sat down listening to a spiel chock-full of confusing jargon, just nodding my head and feeding their ego while Im sure they felt like they were doing the same to me. They did not respond to my email but hopefully they do not call me further. So I booked an interview with him. They are sharks looking for their next meal! I told her the store and began to walk away until she stopped to ask me if I was currently employed. Employers are not evasive about what they need. When she gave me speech about how they help people save money and so on, then she said are you ready to sign up for the classes? I could hear a party going on in the background and the aroma of delivered pizza hit my nose. Last week I was approached at my job by two people. I also received a phone call from a guy who said had my name refered to him by someone. He was dodging and kept pushing the interview. Here we go another scam, let me play along The gentleman got on the phone, I think his name was John, again muffled but I really didnt care what his name was, this wasnt going to last very long. The SEC found that PFS Investments Inc. had failed to have in place effective policies and procedures to follow up adequately on three complaints received about the Dearborn registered representatives, "selling away" activities. When I mentioned that it seems like a pyramid scheme the upline had a rebuttal for it immediately as they probably get hit with that comparison all the time. I got an email from Mark that hed like to set up an interview. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. IT SOUNDS ABSOLUTELY AMAZING. If it is such a scam, why is it that people can actually make some extra money once they are trained? When you write a resume, youre looking for a job, not an opportunity. 90% of Primerica income made by 304K student training recruits that will never be licensed. https://www.nasdaq.com/press-release/mary-kay-inc.-announces-awards-milestones-and-accomplishments-from-full-year-2022 Anyone quoting pink truth (aka themselves) like this attempted sub-feeder blog and the gm one, I agree! Ugh. Take this down before i file a complaint. He just missed the Pyramid Gravy Train by a couple of levels. Sneaky how once she enters my house she runs downstairs and brings a male supposedly her manager. Pingback: Why Do People Join MLMs? Sorry, I am not signing any employees up for any more pay deductions if theyre not getting the services. They offered me an interview for customer service job and said they were looking for people who are bilingual. I texted my friend and asked him what was $99 needed for, and he replied it was for my background check and two tests I would need to take before I got my license. Then I asked about the $99 asked of you when you interview and he laughed and said are you on Google? This other guy was pleasant enough, introduced himself and politely shook my hand. Attitude goes a long way idiots from primerica, be forthcoming and maybe one day youll be able to be human again. You will be expected to go out and find new victims to sign up for the scam. I get NOTHING from writing about multi-level marketing scams. Learn about pyramid schemes and other crimes at FindLaw's Criminal Charges section. Then we proceed to training and moving forward. Just like most of these posts, they said they werent looking for people who have college degrees or serious career experience. I thought why in the hell would a RVP of a business contact me, someone with no experience or info out there advocating I have any in such a business and/or roles, and on Facebook!? And i was highly qualified for one of their positions. What professional business calls on a weekend? Then he explained this 3 by 3 thing where i refer three of my friends or family for this training and i get around $500 for it. He called the next day and asked to me come to his office so we could talk more. I want to shake my head at me too. At first I was impressed; but not so much now. Both part time and full time. He collects his clients resumes and he did it in front of me. The interview should have been tomorrow but I wanted to learn more about the company so I extended until Monday. Term Life Insurance 3. Why dont I just go for this so-called interview, gather the information they want to give me and make my own decision as to if its something I want to do or not (like Charlotte did). I talked to the women who contacted me through LinkedIn and her husband when I first got there. needless to say I got undressed put on my gym clothes and went to the gym . If you want to sell insurance or investments, do it with a real company, not a scammy MLM. NOT!! A meet and greet with the manager and then into the position details. But a million questions arose when hed finished describing what it was he did, as he never quite cut to the chase of what Id be doing for the company. He asked if we knew anyone looking for a job part-time or full-time. PRIMERICA has changed their lives. I appreciated his candor. Also, to those who think its a pyramid scam, we are a NYSE company and have an A+ rating with the BBB. 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. If your comfortable with just getting by (paycheck to paycheck) then by all means continue with what you are currently doing. I mumbled something about Ill see what I can do said my goodbyes, and bowed out. At this point, I had a chance to become aware of the atmosphere in this building. Of course, now looking back and seeing it for what it was, I see why he wanted to hide behind secrecy. PFS Investments Inc. (aka) Primerica Financial Services. 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. Talking to him? He said they are looking for people to sell financial products and to recruit and train new employees. I met with him and the regional Vice President yesterday and he took me out to lunch after the meeting. Amway. She gave me her name and phone number, but it wasnt after she left that I realised she never said what kind of business at all. I dont NEED this job. They prey on the uninformed, they want your warm market, and your warm markets warm market. I got a call and they scheduled an interview for today without letting me know for what position they are hiring. Maybe I should add only serious, legit, employers may contact!. I sat and as soon as the presentation started I was NOT happy because it was clearly a come sell this stuff and get rich thing. Just then someone clearly answered because he quickly spoke into the mouthpiece, his voice fast and sharp, Hi, Im looking for Amy I listened to the call and to him book the interview, but my thoughts were jumbled. The guy recruited me at the mall and all he gave me was the address, no description of the job, not the name of the company. Given my lack of experience, I was not sure if this was normal or not. I thanked the VP for the opportunity and ended the call. 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! Some of my friends work for Primerica and do VERY well! Honest goods and services were never made to be traded for money. I proceeded to ask him how he could make me a job offer without a resume and he gave a decent answer saying that he cares more about the character of a person and that a resume is just a piece of paper yada yada. this is wrong! After my daughter hung up the phone I received a call from the recruiter. I have just cancelled my policy after 20 years because they increased my premium by 370%!!!! The sheet of paper wanted my address and a list of 5 local contacts, preferably not family. They contacted me, offered to meet me to just talk, and sat me down at a coffee shop (they wanted my husband to come to but he wasnt interested). Do whats right. My experience was similar most all of have shared here. 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. Sooooo after reading all the comments, I will NOT be going. He finally emailed me back saying that 10 works great but I would be speaking with David because he was busy busy busy! PFS Investments insights Based on 23 survey responses What people like Supportive environment Clear sense of purpose Time and location flexibility Primerica Financial services Pays really well. I will not be going and now I dont think Ill give them any more of my time by giving them notification either. EX. The guy on the phone was super nice and seemed waaaaay too eager for me to come in, especially since I told him up front that I had no financing background. 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. OUCH! Its neither a retirement fund, nor life insurance. Wake up people, youre just blind ?! Its funny how quickly he wrapped everything up with me once he got that call. Did he expect me to conduct this interview? They would contract with these companies to offer customized plans that are not offered if you the customer dont go through Primerica first. I emailed Mark back asking if 10 am worked for him. I went to all of the trainings thereafter, but it was the most painful thing to do. The reality is their culture was disturbing and triggered a lot of anger in me. I dug and dug until I found PFScareers.com which is the new recruit site. They have my info and address and all kinds of info will they use it against me if I dont work for them? http://www.sequenceinc.com/fraudfiles/2015/03/multi-level-marketing-is-not-a-business-its-a-pyramid-scheme/. Sadly, it wasnt real. While many financial professional aren't interested in working with the middle class,* Primerica is committed to helping Main Street families save and invest for their short-term and long-term goals. 99 for the background check, 25 for the POL, and 50 for the deposit on life insurance. And at the very end, drop the bombshell: You know who and what they are, and that youve purposely been wasting their time. I was in Primerica back in the early 90s when it was called PFS (Primerica Financial Services). BTW, a presentation is not an interview. Thats just rude and disrespectful. He clapped me on the shoulder with a hearty see you tomorrow for training! and I watched him climb into his beat-up Honda civic. wth. My time is precious and sitting down even to waste her time wont be worth it. That site already gets an, People need 2 stay away from mlms, it will ruin you, Its a mind control cult, its a scam, you need 2 leave, Not according to nasdaq. My only concern now is her calling me up again. I was wearing a ring on my fourth finger (its the only finger it fits) and she asked if my husband had a job, so I went along with it and said yes. Ive never seen the number before and I typically do not answer unknown numbers but I still did to see who it was. But dude. I was VERY unhappy in my job and I had been actively looking. I thought oh boy! The examples in the booklet are for Bob and Susan Smith, ages 33 and 35. First red flag for me is on LinkedIn. Primerica life insurance typically costs $20 to $50 per month for healthy individuals. Wow!! I wanted to be pumped but I found it hard to ignore the fact that John had blatantly lied when the professional-looking man had asked if there were any additional costs other than the $99. Then I looked up Primerica and this lovely blog popped up. However, it does not mean that because it is legal that the company' structure is not shape like a pyramid. But again, Im still chewing on this and your thoughts on these matters are appreciated. she never asked for a resume or any back round on me never told me the name of the company until I asked her today . I have one question, how on earth such a place can exist for so many years, without drawing the attention of authorities? Watch out especially for Melissa Allen- highly unprofessional, rude- and will say anything to get someone to an interview. So an agent sells a property, and the agent gets a commission and the office/team gets a commission. I eventually had to block my recruiters number, cancel my account and deactivate my online banking Plz anyone whose thinking of attending or believing what these people are trying to sell you, reconsider . He told us the incredibly vague story of how he managed to get one individual from $20,000 in credit card debt down to zero and then into a mutual fund with a 9% interest rate. I said to him I got a call for an internship two weeks ago but they never got back to me, so I was actually happy to have received that call from him. I was left dumbfounded by all these comments. As of 7 hours i have been in Primerica, I do understand what everyone is saying about it. Im not looking for a job. DO NOT give them the time of day AT ALL. I told her to keep my money and I left. The so called VP is there and questions were asked and at some point, the so called VP (he looks like James Ingram) said that I need to pay $99 for my financial license to be able to get the job. If you want to sell insurance or investments, you are much better off with a company OTHER than Primerica.