For only $99 you can be licensed to sell insurance to others with us. Said I might be a good fit for PFS ambitious expansion plans in the Charlotte area. I personally am more of a tech guy, dealing with machines and stuff. He also deceived the new Primerica representative, telling her that he was helping her and teaching her how to recruit people into her downline, only to keep some of the recruits for himself. After the presentation I went in to talk with the reps I talked to at the outset of the interview and we went over how the work schedule would work and they asked me what days I was available and when it got to the application portion, I hesitated. Oh, and I will be getting a term life-insurance policy, just not through Primerica as they do not show up on anyones top ten list of term life insurers. Thats just rude and disrespectful. She stated the name of the company, Primerica and stated they deal in financial services . So what you are saying is that the other insurance companies must REALLY over elevate their prices. First off anyone can make a PowerPoint and the video was from fricking YouTube. But you can throw away a full barrel of apples because a few are rotten. Their higher up had done that for them. Then he went even further to explain that he could help my parents lower their insurance, debt, and help me pay for my college textbooks. 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. She had a nice dark tan and spiky hair with maroon tips and very pale yellow roots. * Finally, does it have to have an hourly salary to be job? I am so glad I found these comments it saved me the time of going to somewhere that was not what it was suppose to be. He didnt think to clarify my concern so I cancelled the interview there and then. Multi-level marketing. He didnt even walk me to the door, shake hands with me, give me a business cardnothing! 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. As far as positions, I havent even met you yet, how could I know what youre qualified for? Listening again.. I will say that the highest ranking person I worked with has now been involved with the company for over 30 years. A pyramid scheme is a fraudulent system of making money based on recruiting an ever-increasing number of "investors." The initial promoters recruit investors, who in turn recruit more investors, and so on. They were put off because when they ask if anyone had any questions, I raised my arms and stated above. Needless to say, Im glad I got out of that one. He agreed, however, I had a bad feeling about him and the conversation we had had and decided not to call him back. Later I learned that they do whatever it takes to lure someone out, then rely on the hyped-up emotions stirred up by the Opportunity Night presentation to get them to sign the agreement and pay to join. One can only hope they were having a dinner party in the back and not a Donner Party If this company asks you to come in for an interview, bear in mind they are only after your money. Maybe you dont know that in order for you to have a successful business, you have to work like a dog to build it. Thats an MLM just you stay broke. Was very surprised to receive a phone call, as never applied for anything, still cant understand how did they get my phone number . my son is employed there. Only regret filled out the intake paperwork, but kept a copy intentionally messed up. 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 -_-. She then proceeds to pitch to me what Primerica does and how important life insurance is. It isnt right how these companies take advantage of folks in need of employment. Income is limited and since they, were at a point in time, only selling term life, there whole pitch was buy term invest the rest, which is great considering their term to is age 99. Theyre making money out of your stupidity. My current position is a dead-end job and leads nowhere so I was interested in a promising new opportunity. 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. PYRAMID SCHEME. I will not be going tomorrow. I finished having a fake interview last night and was literally thinking about going to that informative session. NOT!! The caller introduced himself as the vice-president of a Hudson based company and told me that he had found my resume online and that he is looking to expand his company and is interested in adding some people to his team. My Primerica Regional Vice President (RVP) well call John offered to teach me how to call them, to build my team. The average individual earnings of their representatives is $5,156 per year. Throughout the presentation I grew more and more skeptical. When something seems to good to be true, i have high doubts of it. He replied well how can i make you feel more comfortable about this opportunity? I said i would have to talk to my parents after all this was over to see what they think because all this seems weird. Im guessing he was catching on that i was too smart to be manipulated by all the financial opportunities. He then wanted to make be more comfortable by CALLING MY PARENTS and setting up a home visit to talk to them about all this. At the end he asked me for my number and said he had a wonderful opportunity for me because he loved my customer service,attentiveness and bubbly personality and he thinks i would be great for his company. She is candid, very kind, open. As shes leaving, she stops and says, You know, I never do this because its disrespectful to approach people at their jobs. The main product Primerica offers is Term Life Insurance. They allow an objective summary of the facts. The agent was a very nice Italian-American woman who actually knew something about financial services. 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. I had come across this blog a few months back after hearing about this scam. I think Jorge is actually Donald Trump. I got a call after meeting with someone from the workforce. I didnt want to wright to much, sadly it got away from me. Anther warning flag went up. I have another so called meeting tonight with him. Of course, I find that it is a scam and a pyramid scheme. I noticed several of the new people in the front row looked very restless, like they just wanted to get out of there. Glad I didnt waste my time. tell me what you need and we will basically be pen pals. I listened to all the BS coming out of everyones mouth. 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. Stopped at a job fair. good looking into this before going to my interview today. Just went to one of these sad displays lst night got dragged in by a friend. If it sounds too good to be true, it probably is. very dumb. Number 1 only matters if you want to turn Primerica into your FULL TIME BUSINESS. Im not joking whatsoever. I ended up going to an interview, thinking that it was with a company called Coldwell Bankers, since it was in the same main building as them. Mike No matter what they tell you, MLM is not a business. 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. Primeamerica is a legit insurance company. MAIN ADDRESS. I am actually scheduled for an interview tomorrow which I intended to drive over 100 miles to. As the man sat looking around at the various posters and motivational items on the walls I felt that anxiety-induced tension again. They explained how everything worked and it all seemed to be on the up-and-up. ALL THEY WANT IS YOUR MONEY . Do whats right. If I attend, will I experience a pressure tactic laden recruitment presentation? I sold Cutco like ten years ago and while I had a fun summer doing it and actually made some decent sales, I would never do it again. Get the BLEEP out my house before I rip our your weave!! It is generally legal, regardless of the fact that so many have no chance of turning a profit in MLM. Primerica's MO is using people to convert their acquaintances into customers. You all have it wrong, you all WANT to see that this is a scam because It looks too good to be true, and it IS, if you have zero work ethic, and refuse to give yourself the opportunity to have a better life by actually applying yourself to something that isnt a 9-5. We had a small conversation and she claimed she liked my personality and gave me her card. This morning I received a message saying he was looking for 7-10 people to fill various roles in his office and wanted me to let him know of candidates. After realizing her main focus was getting recruits I began to question this whole Primerica thing. It calls back the last received call. How BBB Processes Complaints and Reviews. Lesson learned. When I sat down with the guy, it felt less like an interview and more like a sales pitch like you guys said. There are too many of us out there that are unemployed and in search of a real job with steady income. End of recruiting. I almost felt like filing a complaint with the DuPage County States Attorney, at best make them aware. A full 84% left prior to obtaining their insurance license. Would they use it if I dont show back up? Thank you guys. (Unlike in regular companies where everyone makes money, although some make more than others.). The rep is a West Point grad, and seems like a good guy. I pasted a smile on my face and said of course, hes expecting you, he just stepped out for a few minutes though inside I was fuming. My girlfriend interrupts the lunch, I get the sandwich boxed. He said he absolutely understood that and that his office was new and he had many openings. I went there with an opened mind. Primerica is a legitimate multi-level marketing company based in America. The problem is that he had been doing this for so long, he has no other value in the marketplace. Had he invested his 30 years with any number of other companies, he could be retiring with tons to show for it. I met with him and the regional Vice President yesterday and he took me out to lunch after the meeting. And many join daily as new agents. I could barely understand the guy. My husband works for a window company, door to door, ran into a guy who says he has career opportunities available now this guy calls everyday for a week saying he wanted to set me up a job as well I seemed educated and professional so and so.. After weeks of talking over the phone we set up an appointment. Finally they called me in the most boring, plain, unprofessional office ever. Luring young grads seems to be low hanging fruit for these guysmostly because these hungry go-getters that dont know any better. The whole conversation was geared towards selling me on deceptively common-sense information about what I assume to be much more complex financial decisions I have a friend who works for an insurance company, and given how much time hes spent studying for his degrees the claim that, in a few months and for $99, I could sell my friends and family (and then random strangers after that) on insurance was certainly too good to be true. * Isnt it true that a lot of consumers arent sophisticated when it comes to insurance, which is why there are so many scam artist out there taking advantage of them? You should really just target people who dont mind selling this way instead of rounding up a large number of people to attend presentations. She was pleasant and I was willing to pay the $99 up front and take the life insurance exam. I advised that I am not looking for a sales job, as all the cold calls about my resume have been for sales positions of one sort or another, and I really do not like selling. I will not be following up with PFS. Youre just a bunch of lazy, whiny children. Two days later, I find out that he hasnt paid the bill on the employee health insurance, the insurance lapsed, and now people are getting medical bills that were supposed to be covered. Duluth, GA 30099-4000 Visit Website Email this Business (770) 381-1000 Primary hours 9:00 AM - 5:00 PM BBB Rating & Accreditation A+ Accredited Since: 1/1/1980 Years in Business: 46 Customer. Im sad to read all this because it is true. Thank you so much everyone for sharing your experiences. She wanted to help this person out of her terrible job by interviewing her for a position at her business. 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. How likely is it that they can manage to fool all 50 of them? The fact is, it takes a good person to spread good, there are many jobs out there that are good with bad people running, working for them. She tells me about running her financial management business in the suburbs, how shes trying to open an office in the city, how she bought another house to take care of her ailing mother-in-law.