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Financial Needs Analysis 2. I kept my head down and fiddled with my phone, then shuffled some papers in a folder, desperately trying to look busy and important. After reading all of comments, I will not be going. I realized, if success at PFS meant doing this forever, I might not make it. Im 21 and just recieved a called from them while at work stepping away from the front desk i answered to a guy who gave brief detail about everything your reading above smh not going! Well I actually went and talked to someone of those guys in the company but at the beggining I thought this would be fake because I ask one of them about the website and he started talking me about the money Id make and he didnt gave me anything but to be honest nobody have to pay to be hired.. Dont believe in Primerica. then I came across this site and read some comments . It unfortunate that anyone that has been told that theyre having a job interview and later feel that they got taken. Based on previous replies on this blog, scripted interviews seemed frequent. This Primerica Pyramid Scheme Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Luring young grads seems to be low hanging fruit for these guysmostly because these hungry go-getters that dont know any better. Ive been disabled for four years and i finally got a job release in feb 2014.Since i had to change job careers,its been hard drawing my former job skills to be applied to another field.Im currently in a job program called DVR(from the department of labor)in the state i live in.For the past 2 months,ive applied to many jobs thru them and gone out of my own with little success..lol.Ran into alot of companies like primerica.So now before I have the interview with any marketing/sales company,I do tons of research on the computer.Had a person contact me from bankers life and casualty say that im good to be part of his team and told me to come to his office at 6pm for the interview.Only to find out that its a presentation with 14 others,10 left after an 1 1/2 hour presentation(only surpose to be a 40-mins).i was one of the 4 and he liked me and set up an second interview.Took 2 weeks to get back to(and only got set up due to my ongoing calls to him for it)me and set up the meeting the next day-they did the same thing as primerica only they actually had a call list from the do not call listings they use for their referrals for me.A $99 dollar fee plus $149 for inside training upfront.I said NO and that was it.My DVR supervisor gave me a reference for a job that turned out to be a primerica rep.I had to follow up this time and called her-she contacted me that nite at 9:30pm(odd time)and told me that her supervisor would call me tomorrow-he never did.A week went by and out of blue the primerica rep called me and said that she was sorry about her supervisor didnt get back to me.But this time i was ready(i did my research and found tons of very bad reviews and some good reviews from primerica corp. officers..lol lol.When we talked,her excuse was that her supervisor is better to answer my questions and would do so when he calls.He hasnt called but i already know the truth(on the surface and the deep inside shadly truth)about primerica-what they represent and who benefits from their company.I need a job now and need money soon before im forced to live on the streets with my wife.I cant start a new position on empty promises and payment upfront to pay to go to work to make alittle money in the first month after i work 80 to 100 hours a week..lol.Doesnt make sense and its just a waste to put forth lots of effort,time,gas,sweat and patience to make little money just to barely live onlol. Write by: . It was no way a job interview. I told him I was talking summer courses and I really wasnt looking for work but I actually was (does that make sense?). 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. Ive been contacted by numerous insurance agencies for employment and have never been interested in that field of employment. I finished having a fake interview last night and was literally thinking about going to that informative session. For 5 years, Primerica has been paid automatically from my bank account. Would they use it if I dont show back up? I dont. 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. Only one company filed a lawsuit in a failed attempt to prevent these upgrades. The second warning sign was she didnt have a business card, but rather took my phone number down on a notepad and advised her business partner would call me. Apparently she works at the bar we are sitting in, but is not in that day. after hearing these non descriptive answers at this point Im like yea, ok very high chance I will not be showing up. Second, it was I who contacted my Primerica agent recently, not the other way around, to inquire on an IRA rollover for my husband. Its performed nicely and Ive never had any problem with the company from my standpoint as a customer. I said that I was exclusively looking for Purchasing/Procurement roles as I was a buyer. Reed Slatkin - $593 million. I was approached last night while grocery shopping at Star market. Good thing I have learned from Dr Phil! I am a single mother of two kids and I have only been getting one day off from work. After reading these comments I can say I will not be showing up Wednesday at 6:15 for my interview. They get lectures about how they can earn as much as 110% depending on production and promotion as Vice President. I seem to have ulterior motives? Of course, I find that it is a scam and a pyramid scheme. OmG people you are not making a difference commenting here report it to the BBB online or phone I did . The rep said she got my resum through Monster and wanted to give me an opportunity. The fact that she had to describe it as a business opportunity, and not a job already set off alarm bells, as such language is common in many scams, but I went to the interview to see what it was all about. Thanks for all the information. I just hope it was a legit employee just trying to recruit more people. now she has been pursuing me saying she has another office and she needs someone to run it . 2018 Sequence Inc. All rights reserved. I would certainly warn anyone who might be roped into this to DO YOUR RESEARCH!! The next person presents the sales pitch on Primericas services. He called the next day and asked to me come to his office so we could talk more. Yes so would you call NYSE a scam? Suddenly she whips out a sheet and starts asking me questions and taking notes. I already worked full time for a corporate company but just needed some side income. And no, few people over 50 or 60 would renew a term policy as the rates skyrocket exponentially ($500-$800/month). they called me yesterday afternoon while I was at one of my jobs. Thank you everybody. I asked what company is this and how did they get my number considering the fact I havent applied for any job positions in almost a year. So we exchanged numbers and that was that. They sold me on it, and even managed to sell me on signing up for their life insurance. ?, Dont you want one of these nice vacations? Ive never seen the number before and I typically do not answer unknown numbers but I still did to see who it was. Since I barely heard her, I asked about 3 more times before clearly hearing PFS, which I noticed she did not once tell me what PFS stood for. I noticed other people my age, mid-20s, walking into the office fronts around my destination. She gave me vague details about the company. Then post your experience good or bad. My father passed away in May. He not once mentioned how or why he chose to contact me. I call in two weeks ago to get some assistance in lowering my policy, and I get the run around. It has been at least 15 years. I wonder if the experiences shared here are indicative of the company as a whole or just unchecked human behavior that isnt managed from senior corporate leadership. I want to get out of there now. There was a Prime America in the office building I currently work in, and I cant tell you how many young, eager, looking people would pull up looking nervous right before their big job interview. So this got more fishy. Do you even know why you exist? She also had sold Avon at one time too. The only way to collect on a life insurance policy is to live to be 100 years old, providing your policy goes out that far. Sorry, I am not signing any employees up for any more pay deductions if theyre not getting the services. One last question: Might you also direct me to the financial services provider anxious to hire a gray-headed, chicken-necked, bifocaled old cronewhose work ethic and ethics generally are strong?! We have 40,000 new clients each month if you joined and didnt work, youre not one of the people who make money with us! An hour and a half already? I will not be invited back even though the host is consider me a friend and wants me to be on her team (her words). Such a shame. The man on the phone was not the man at the meeting. Thank you all for saving my time and money. My friend lost his job and this what fell into his lap. 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. Thank you guys. Multi-level marketing is not entrepreneurship. I will say that the highest ranking person I worked with has now been involved with the company for over 30 years. If you're familiar with MLM schemes like Primerica, Optavia, Evolution Travel, Beachbody & American Income Life they are pretty similar to Transamerica's MLM scheme. I still plan on going to the interview, knowing full well that it is a scam. A large black SUV, an Excursion or an Escalade, pulled up next to me and a rather dapper-looking kid about middle school age got out as his mother sat in the parking lot, engine off. He first asked me about past employment, what im going to school for (Chemistry major), my hobbies, etc. So there really wasnt an option for riders. 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. They contact the job seekers with an offer of an interview for an opening. Its funny how my perspective has changed. Yes, there can be commission only jobs. (OK, he didnt really say busy busy busy, but now that I think back that is the impression that he gave me.) Then we proceed to training and moving forward. Take their advise and apply it on your own people. The woman who did the phone interview was very nice but once I got off I didnt even recall what the job was really about and realized she set me up in a few days for an in person group interview. I dont remember the exact wording he used, but I do remember that he was vague enough to leave me feeling like he was offering work with a financial business. The complaint . Ex boss is close with a bunch of guys who are all at Primerica around here. What a waste of human DNA both of them ! when I asked how they obtained my number they said through a referral. There seems to be a way to make money but you have to be highly deceptive and cut-throat, oh, and pretty desperate to make money in MLM. It was a negative environment, no formal training, and they took all my leads. Even if this is a legit company, the financing industry was never my thing. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. My Primerica Regional Vice President (RVP) well call John offered to teach me how to call them, to build my team. Primerica life insurance typically costs $20 to $50 per month for healthy individuals. My experience started with responding to them through Zip Recruiter. And my husband just hired a newly licensed recruit to help him get his new business started but has negotiated a portion of that agents earnings as compensation for helping him get himself established AND this new agent will also be splitting his fees with the broker. At one point, this person even chuckled, seeing that I would not let go of the questions pertaining the job description or title. Reported to Primerica Legal. Why not. Many of them, have a question mark still attached, which makes me wonder if any resolutions were achieved in those cases. Investment Adviser Firm Visit SEC Site. No way to dance around that. Anger gave way to fear.. what if I interviewed him and messed it up and he stormed out of here angry and calling it a scam? DIV Rep, 60%.wait there is only 50% left over, okay then what does math tell us.you get it yet..they only get 50%, (PYRAMID ENDS). Nevermind they had all tacky, cheap, white trash decor. The difference was the leadership at Cutco wasnt as slimy as the women who interviewed me when I got introduced to Primerica. If Im not doing something productive Id rather be at home sleeping and spending time with my husband. That is why the poor get poorer and the richer who work there ass off get richer! He said we were guaranteed to get them to buy with that trick. Take time to get out of dodge. And many join daily as new agents. Seems like she wants to help people. Just like most of these posts, they said they werent looking for people who have college degrees or serious career experience. Information provided on Forbes Advisor is for educational purposes only. She wants me to go but ive been down the MLM road before and after a couple months I knew it wasnt real. That fact in itself should be an embarrassment to any organization, requiring immediate action. But believe me, when youre lacking in confidence any morsel thrown down from the masters table seems like a feast. She stated that it would be for the Fort Lauderdale office but that more locations would be opening. Im not looking for a job. That drives traffic to this page, where potential victims are getting the real story and are able to avoid the company! So she asked me to go to an interview with her manager and she gave the adress and my interview is tomorrow but after reading almost all the comments above ive decided that im not going and im so glad that i saw this before going. My only concern now is her calling me up again. they said a position in the company. If you could imagine all the evasive answers and asking me if I want to do an application. He said that josh said a ton of great things about me and he wanted to interview me for a position. We finally nailed down a day. The 'Private Investment Club' conference had everything: a host demanding people pay for 'VIP' access, weird pyramid diagrams, "plerking," and a celebrity guest who clearly didn't read the memo. I need papers and what not. Ugh. Jeb The reason why they dont give you any information prior to the fake interview is because IT IS A SCAM. Take this down before i file a complaint. I tried out Primerica towards the middle of December. This series focuses on good old road trips. Primerica provides term life insurance at a price that's quite affordable to most families. Got a call back today, saying my interview stood out, and to come for a brief information session. So what you are saying is that the other insurance companies must REALLY over elevate their prices. I worked HARD at the business, I have had success in other businesses in my life but making money at Primerica is a joke. Again, I figure worst case scenario its a connection. Good things happen to those who do what God has asked of them. He then scheduled me the day after, which after these comments I intend at missing again. She stated the name of the company, Primerica and stated they deal in financial services . I have just been called by a lady in Puerto Rico to show up for an interview for a job in Primerica. I did not quite have the similar negative experience as many posted, but mine was similar. Thats how I found this site. Contrary to rumors out there, Primerica is not a pyramid scheme. The manager said he liked me, from a business standpoint of course. I've written about Primerica in the past, questioning whether Primerica is a pyramid scheme, and whether PFS is a scam. I went to the interview to meet Anthony. If you believe the internet only posts the truth, you are dreaming! I was looking for a receptionist or something. Tracy says this is about recruitment and getting people to pay the initial and monthly fees. Suddenly a laminated informational booklet comes out for PRIMERICA. Please look up elizabeth warren cornering the president !!! To those who did not get what they expected, please ask yourself if you did what you were told, if you persisted, if you actually did the work. I was so flattered! In public. No, its not defamation. I am glad that I followed my instincts and didnt end up wasting my time. I stared at it blankly for a moment, noticing how low the numbers were.