Primerica
Reviews and Complaints
Primerica Financial Services | CRIMINAL OPERATION
Primerica Financial Services is being investigated on Fort
Hood for ripping off Soldiers.
Before giving them any of your money make sure you check
with the Fort hood consumer affairs office.
The Killeen Fort Hood area is ripe with scammers like this.
New technologies open up many possibilities for criminals to carry out traditional financial crimes in new ways. One notable example is "˜phishing', whereby a criminal attempts to acquire through e-mail or instant messaging sensitive information such as passwords or credit card details by pretending to be a legitimate business representative. With this information, the criminal can commit fraud and even money laundering.
Thank You to: New York Army National Guard U.S. Army Cadet Command (ROTC) U.S. Army Family and MWR Command U.S. Army Fort Carson III Corps and Fort Hood US Army Fort Bliss
Primerica is a credible company!!!!!!! They are not scammers!!!!
Okay, okay......I have read some of the reviews about Primerica. First of all, if you really want to know something about Primerica, look on their website, www.Primerica.com. This company was started in 1977, has over 100,000 licensed representatives, over 25,000 licensed mutual fund reps, AND is now listed on the NYSE under "PRI". This company is very sound and stable financially. What they do for people is real and life changing, and the money the reps make is for real. What Primerica does is not too good to be true, it's just everything else that is out there is to bad to be believed.
What other financial institution will let you come work for them on a part time basis and make *** good money, give you a financial education and let you help the middle market get ahead financially?
This is a licensed and regulated business, not a pyramid, not a scam.
It is unfortunate if others that have joined were led astray. Primerica do not charge a weekly fee for anything per meeting, you are not required to purchase business cards with your 'supervisors' name on it, etc.....
When you join this business, you are in business for yourself, but not by yourself. The agents are fully licensed and trained. The ones that do not make money are the ones that do not work and then bad mouth the company. The only way you can't be successful in Primerica is to not to do anything. The money is there to be earned, and the good thing about it, you get paid well for helping others....you can't beat that. The reps/agents are paid more on a part time basis that most people make on a full time basis working a 40 hr job. Who have the nerve to complain? Take the time to educate yourself on this company, talk to the person that is trying to get you involved, talk to their RVP, hang around and get your licenses, go out on appointments, do what's they tell you to do and eventually you will be fully licensed and trained to run your own business. Stop tripping!
If you are invited to be a part of Primerica, you should thank the person that invited you. They are actually paying you a compliment and is offering to you a lifetime opportunity that you can't get anywhere else.
I am a District Leader with Primerica and I am very proud to be a part of this company. I will make a difference, I am not brain washed, I get PAID. I help others, I do the right thing, everyone in our office do the right thing for people. How would the company survive so long if we were doing the wrong thing? We don't advertise. We are a business built on referrals. If we weren't doing the right thing, how did the company get so large? Why are we so productive? Why are we the largest life insurer? Why didn't we need a bailout like some of the other companies that are filing bankruptcy or are no longer around? Why are we on the NYSE? Get educated before you speak about something you don't know about. Again, if you had a bad experience with someone in Primerica, blame it on that individual, because that is not what the company is about.
It makes me so angry to read when someone has taken advantage of someone and make our company look bad. But, I can say this.....time will show the real story and who Primerica really is.....
I am from San Antonio, Texas and part of the DELTA FORCE team. I am very proud to be with this company and wouldnt have it any other way!
Sold me a $20,000 term life I wanted a $50,000 whole lfe. paid them for 7yrs7months
They suck. The agent was a liar and a cheap.
2Months after my husband passed. I requested info on whole life Ins. What I got and what I wanted were two different stories. Got a letter of conformation for policy, but never received one.
Called and they said it was on file. I wanted a $50,000 whole life, but have been billed for $20,000 for term life. Realized tody went and Ins. reveiwed my Ins.
Then told me, what I been paying for 7yrs and 7 months was term life.
What a shocker!!!!! The lying *** It was Priamerica life Ins
DO PRIMERICA RVPS TELL YOU ANYTHING? DO THEY TELL YOU THIS?
LET'S MAKE IT SIMPLE for those who do not read have time to read all of this expose for the present. THE TEN COMMANDMENTS FROM PRIMERICA'S VIEW:
Would you work in the following scenario? You go to work in an office after being told "you really fit this position. And it will be easy work, you will have lots of time with your family and you will make a tremendous amount of money".
Firstly, you are told you will NOT be paid until you obtain a license. You say "nothing was said that you have to have a license to work here. And, you already have my SS number". Well, you were finally told AFTER the sleazy one got you all excited about making 50000, 100000 or even more less than .005 do.
Secondly, you must "recruit" other workers so you can be paid. "What? What if I get five; they all get five; they get five? Where will all these workers fit? There's very limited space." You only hear: you must recruit, recruit, recruit.
Thirdly, AFTER you pay out of your own pocket for this license, you cannot earn money yet. "Why am I not allowed?! That's not fair. You said I can collect commissions and recruit after I pay for this license, pay for the preparation, pay the fee and pay all of my expenses to get it. I'm having to go to the homeless shelter because I cannot meet my house payments" or "I cannot pay my rent". You hear a bunch of lies. This is to cover up the fact that you are not allowed commissions for a while. You see, your superiors superiors? NO ONE whom is dishonest is superior to I. NO ONE. - this upline - knows that you are going to hear the truth about Primerica. You will become very discouraged, very, very quickly. So your "superiors" have to hold something back to insure you remain in the trap that they have placed you in.
Fourthly, you are told or may be NOT told and all the implications of that! that YOU MUST HAVE $25 STOLEN FROM YOUR BANK ACCOUNT EVERY SINGLE MONTH!!!!!!!!!!!!!!!!!! WHY??! This is such a great opportunity and you are in a 10, 25, 50, 100, 200 or 500 billion dollar company that you are in, depending upon how large of a lie your so-called superior told to you. You haven't seen a check for well over a month now, but you have to allow Primerica to STEAL - that's precisely what it is - from you. And they do not tell you up front. This means that you will be clubbed for $25 to Lord knows how much, depending upon how many checks you wrote that bounced as a result, how dishonest your bank is and the fee your bank charges per returned check presented.
Fifthly, you are NOT vested in any profit sharing plan after one year of employment in this supposed 500 billion dollar corporation.
Sixth, you are provided with NO life and health insurance after two or three months of employ, not even one with a large deductible. you are told that you MUST buy an insurance policy with this 500 billion dollar company!!! You must buy this policy as an EXAMPLE to all of your prospects, even though you supposedly have this secure job in an office where you are supposed to be making this huge salary and not have to waste $80 in gasoline per day trying to sway prospects and lying to potential recruits to get this downline!! You do the "hiring" for your superiors and they don't have to go to the expense of finding good help. But even though it's their fault, YOU still get the blame if your downline doesn't sell. And, in addition to that, it's not even the cheapest of policies!! Matter of fact, when you compare to other companies, you find that you are paying one of the highest rates!! Further, you receive no discounts!!! You pay retail in this $500 billion company that should be insuring you and your family in gratitude for your putting in 80, 90, 100 hours/week worth of work attempting to get more "recruits" for the company!! Worse, you may already have a whole life policy that you are trapped in. It does not matter. You are told you MUST buy a policy with Primerica to make a good impression on all those customers you are supposedly going to convince to come on the Primerica merry-go-round. No lead sheets from a professional marketing firm nor anything a quarter of the way convincing is presented proving that you will have good possibility leads.
Seventh, you can be demoted by your superior for any reason, including no reason. Your commission levels would be reduced, also.
Eighth, when you become sick and tired of being treated unfairly, you have NO RECOURSE. You cannot go to the Department of Labor for redress!
Ninth, the commissions you make in this "office" can be taken away from you. If your purchasers find that your prices are too high, they change their mind, a death in the family and a different CEO takes over - any of these things can cause you to have to take a "charge back" - which means you have to give your commission and overrides back!! You are walking, the gaiting, then RUNNING, faster and faster just to fall farther and farther behind. Ha! If you don't know how to do taxes, you had better become learned quickly. The company will not do your taxes for you and you will have to go to an enrolled agent or a CPA.
Tenth, you begin hearing that the prices of your companies product lines are too high. You do not believe it because you were told that we were the lowest. That's why you came to work for this glorious company. You begin doing your research in independent journals, trade journals, online, and so on and you find that ALL of your products are over-priced. Your company cannot compete. Not only that, you discover that your product line does not have the variety that your competitors have. Further, your line has some terrible products. WOULD YOU GO TO WORK FOR A COMPANY LIKE THIS? READ ON. THIS IS THE WAY IT WAS AT A.L. WILLIAMS, INC AND STILL IS AT PRIMERICA!
THE LONG STORY OF IT:
Bonnie ---, RVP, A L Williams, Inc - Primerica, whom I had met previously when she was marketing Huff Cook burial insurance, talked to me about a company that "offered a great opportunity through life insurance sales and asset repositioning".
Further, I could work part time and keep my present employ if I desired. Enthused, I worked over ninety hours/week; gave all of my time to
the company. Then, within ninety (90) days, Bonnie, RVP, demanded I surrender my Bureau of Insurance license because I didn't meet quotas!!
HMMMM. No talk of a bonus. What nerve!!
The RVPs and RSVPs said I couldn't sell on the first visit. In other words, the upline wants to STEAL the policies that you sold by selling out from under you BEFORE you can pay the prospect a second visit!!!
The RSVPs gave orders and had control as to how the work was to be carried out. Was I allowed to sell different insurance and securities plans than what A.L. Williams, Inc. offered? No.
Hence, I was an employee. Where's my severance pay? Social insecurity contributions by AL Williams, Inc? THAT really took nerve!!
To put in my heart and soul and they say you must turn your license in? For what!?! What ingratitute, exploitation, skimming and heinous, brazen devils.
Give me punitive damages in advance. Got any conscience? Yeah, you do. You have the conscience of Ponzi!
It is a surreptitious amount of brazenness and deceit by such people in light of the aforementioned. It's their sin; they can't demand the license because it is false pretenses.
It is a fraud. I worked for it; I studied for it. Why should it only be an SCC license that can only be used to sell AL Williams, Inc. - Primerica products? It is a fraud; a sham.
I had the same examination. I had to study just as hard as my competition to receive my license to sell life insurance.
Bonnie ---, RVP, said you only have to work part-time and can make a lot of money. They lied; they smeared other firms that have protected territories. One needs a
protected territory. I would have easily sold four to twelve replacement policies but no protected territory. And that doesn't even take in to account renewals.
So another rep had already sold. So you can see from the above I'm still waiting for a fair remuneration for what I would have sold and AL Williams, Inc. - Primerica can pay me for the time I put in. THE UP LINE - Primerica has not restituted any thing to me yet, therefore, there has to be a penalty for what they did in order to discourage further rapes.
I wasted a total of seven months going to the meetings, the class, studying and scouring the supposedly limitless field of "every person you meet is a sale".
To be so deceitful and brazen as to pretend to want to be helpful, then to say "give the license back; you didn't meet quotas", is the nadir of depravity, blood sucking and callousness. What if I had just obtained a loan from the bank and spent 1/2 million, a million or more on advertising, long term commercial lease, etc?
It is an abomination for a pyramidal so-called company to steal an insurance license. Did the pyramid boiler room pay for it?!! One of many who experienced the same said this: "Very rarely does a RVP or upline give out sources."
Isn't that something? I realize that Bonnie nor any RSVP ever gave me any leads.
In addition, former A.L. Williams, Inc. representatives find me every few years. A quote that I can very well relate to: "I was never told how my name was referred to them".
They say they are "headhunters". They are leeches; steal your leads; find your family and friends and attempt to rape you again. They're just looking for whom they consider to be those whom they can skim and stab again.
I always have to tell them I am still waiting for my money. If you want me, you have to pay me 1000/week base, give me 500M shares in the company, at least 500M preferred shares and 1B warrants. After that challenge to these snake peddlers, I never hear from that particular slickfoot.
Not only has A.L. Williams-Primerica-Citigroup not made any restitution; he has not made an offer of stock or any thing at all in an honest effort to take away the injury done to me.
No remorse, no offer to pay for the expenses to get my life insurance license back that was stolen - nothing. AL Williams, Inc - Primerica lies and lies and lies.
Here is what I found out while I was slaving for RVPs and DRVPs:
A. $80.00 fee to go to their seminars!! The RVP's told us it was a great deal!! All the other life insurance companies give their training for no charge AND they pay for your accommodations.
My RVP and DRVPs who spoke at the "pep rallies" lied. They stated that other companies charge you more to go to the seminars to prepare for the life insurance and securities
examinations securities for those who choose. I had to pay everything out of my pocket. Neither Bonnie nor any of other RVP's,
District or Regional Leaders told me that all the other life insurance companies train at THEIR their own expense. The legitimate companies HELP their reps.
Incidentally, you never get that money back, contrary to what the defenders of the pyramid post all over the web.
B. I started finding insurance policies that were cheaper!! A L Williams RVP's told me I was selling the cheapest.
This began to gnaw and gnaw and gnaw more on me, just as this and dozens of other malefactors gnaw hard at EVERY SINGLE worker for and defender of the Primerica nefarious, huckster, blood leeching thief of the poor.
It was beginning to dawn on me that Bonnie was a vile, evil liar, pretending my time, thoughts, insight, very hard work and energy were worthless.
One of the reasons Bonnie was able to talk me in to the business was the "fact" that A.L. Williams, Inc. policies were the cheapest and the riders made them cheaper yet.
E.g: "Ryan was relatively cautious; she only spent $600 on inventory. But many new recruits spend thousands in those first moments. They are promised that the products will fly off the shelves. But in reality, selling is very difficult. 'One of the myths they tell you is that once people buy the products they will be hooked for life,” says Peck. “That’s not true. I constantly had to be beating the bush. It was not as if there was anything lasting I could count on.'
Why is this? For starters, the products are overpriced. Jon M. Taylor, co-author of The Network Marketing Game: Gospel Perspectives on Multi-Level Marketing (1997) has spent more than ten years studying MLMs and advising consumers and law enforcement on their pitfalls. According to Taylor, MLM products typically cost three to four times more than comparable items from retail stores. To justify the cost, the companies claim their products are better, even magical, he says. 'They’re the modern version of snake oil peddlers,' he says"
C. No reimbursement for my travel expenses.
D. A sales rep is a rag that they can throw out! They tell you you are going to be very wealthy! The RVPs don't help you; I never, ever was introduced to another RVP or any DRVP.
They throw you away so they can exploit another one and steal his/her leads!!!
E. I started hearing "that person's not even in our market". When Bonnie talked me in to getting in to the business, every one was a potential sale. "Just start a list".
F. I began running in to people who wanted to buy from me but they had already bought from another guy who didn't even work in the same state that I was working in.
My eyes finally began to open and it began to sink in that an agent needs a protected territory.
G. Now, instead of “multi-level marketing businesses,” they often call themselves “direct sellers,” “affiliate marketers” or “network marketers,- it is all pyramidal multilevel pyramiding. You CANNOT call it marketing. It is evil, illegal and the same shysterism as the elixir sellers of the devil's juice used to do.
You know it is so: when you go in to business, you don't recruit other individuals in an endless pyramidal downline. You stay right there and build your business up wherever you are. You get the help
you need. If you start a branch business, or a separate enterprise, you get the help you need. You don't tell them to pyramid on, for those new recruits
to pyramid on, and on until you have exceed the entire population of the world in only thirteen steps if you recruit six and
those six recruit six and all recruit only six!!!! Those RVPs and SRVPs know that. Those recruits are customers!! Defenders of
the AL Williams, Inc. - Primerica abomination are either liars on the top of the pyramid and do not want the thievery to end, or they are recruits who have invested their life savings and are not trapped in the unending vortex downward into the pyramid trash heap.
They have decided that, rather than being honest to be attempt to keep the public blinded so they can find victims so that they will have a downline to lace their pockets. Cut your losses and join us who are exposing these dastardly people! I had rather be a doorkeeper in the House of my God than to dwell in the tents of wickedness. -Psalm 84:10.
Why is so hard to admit you are wrong? Repent and get out of the muckrating pyramid! Cease lying to your friends, co-workers and your family. You ought to be ashamed of yourself. The very idea of blogging and posting lies all over the web. What's the matter with you? You can't look your own mother in the eye!
There is NO SUCH THING as a pyramid in a honest, real, conventional company!! The only pyramids are those wherewith you are told to recruit, recruit, recruit.
H. I started hearing "that customer is out of our market". I was told "every person is a potential customer. This business is unique".
I. I REALLY got bothered when someone asked at one of the pep rallies what the difference was between mutli-level marketing and Amway.
Bonnie's answer was throughly unconvincing. Her answer left me unable to differentiate between A.L Williams and Amway.
This, too, gnawed a me more and more, worse and worse, just as every defender of the vortex that you are sucked in to at Primerica feels that gnawing, very uneasy insecurity this very moment.
J. I told Bonnie I wanted to just sell and not recruit. She said I would not make money doing it that way. !!!! You cannot just sell
the policy to the customer and get the money to avoid thievery by your up line. You have to sell the policy through MILICO.
Then it goes in to the A.L. Williams-Primerica computer and the up line automatically takes their cut out of the money YOU
the agent earned! I tell you: what a ripoff!!!
Why shouldn't they feel that horrific scared feeling in their stomach? They are having to depend upon their parents, siblings, friends for suppport while they see their dreams go down the toilet the longer that they cling to a false, cultic hope.
They see their life becoming worthless with no sense of purpose. Having to lie to their loved ones and friends and former co-workers about their needless encroaching impoverishment adds to and accelerates their guilt. Now their growing lack of purpose and
self-condemnation for not listening to friends and loved ones who pleaded with them NOT to get in to the terrifying quicksand that they find themselves in screams louder and louder and deeper in to their soul.
The thrill of victory, earning a living and accomplishment begins to die and with it, their desire to aspire, even to live begins to rot. It is useless to contradict me.
I went through it and all whom were and are in the pyramid know that I'm telling the truth. GOD created us to work for ourselves. That is best for our souls. When we find ourselves trapped in to making money for an upline that did NOTHING to earn what is not theirs:
Why THAT is the very definition of slavery!! But, like all those in Primerica now except for the dishonest ones at the top of the upline whom are staying for the love of money!! -1Timothy 6:3-12!.
I began increasingly to lose more and more and more contact with reality. I refused to face the inevitable: that I was being sucked like the undertow of a tidal wave in to a ghastly vortex of poverty, then more and more alienation of friends and relatives,
then more poverty, more alienation of new friends, ad infinitum, ad nauseum.
CONSPIRACY IN RESTRAINT OF TRADE
A L Williams, Inc. - Citigroup - Primerica still owe innumerable commissions, reimbursements, renewals plus interest and penalties because they stole my license after three months. They never
forced Bonnie to admit she was wrong and to return my license to sell. That license was only good to sell Milico products. That's a conspiracy in restraint of trade!!
The license granted by the Bureau of insurance was good for two years. A L Williams, Inc, deliberately made up the 90 days and I had to pay my expenses on top of it to pass the exam and get my license! What a fleecing!
RVPs take away your license without any remorse! It caused me impoverishment and upwards of 99.5% 1500% ~ more on that later of the other PFS reps wind up impoverished because of this abomination.
It is fully pyramidal, nefarious, Amway, multi-level marketing. Only those at the top make money: those below the tippity top give their time and energy to those at the tippity top. Further, A.L. Williams, Inc.
charged me for the classes. It took over a year for me to recover from all the full commissions I earned but wasn't given because of the "up line", renewals, commissions I earned but some
guy was in my territory and got my sales, uncompensated work time, stipends and unreimbursed expenditures. But that's all right.
Bonnie doesn't care that I had to work in the hot sun of summer and in the ice and freezing cold of winter in construction to get out of a homeless shelter and grinding poverty.
But God writes it all down. The Eyes of the LORD are in every place, beholding the evil and the good -Proverbs 15:3
http://360.yahoo.com/mgtenter95
http://nextaxpro.spaces.live.com/
All right. A fair restitution:
1. You can't get around base pay. If you supposedly are going to make this fortune selling "buy term and invest the difference in mutual funds", "the 72 rule", etc, they have no problem giving at least $500/week so you can survive; more in high cost of living areas. That's not unreasonable.
As aforementioned, if the reps did well on the Bureau of insurance examination (and I scored 87 out of 95 possible), that's not unreasonable.
They recruited us and told us we would be loaded with dough working part-time!! Proof: they tell you to set some of your commissions aside for taxes.
INTERNAL REVENUE SERVICE TAKE NOTICE
Oh, they don't tell you how: you have to send in estimated tax to the IRS every quarter. So they lie to you to get out of paying their half of your social security, medicare tax;
workers compensation, health insurance, dental, optical, the expense of paying bookkeepers to withhold Federal, State and social security taxes. The up line doesn't want to have to make bank deposits to the IRS.
And, OH YEAH, the life insurance!! If they are so honest, they can provide your life insurance and the riders.
Therefore, since A.L Williams, Inc - Primerica did not pay the taxes nor the workers compensation aforementioned, they are illegal!!! IRS take notice. A.L. Williams needs to be audited back to 1977 as well as Primerica back to 1993.
Defenders of Primerica are very, very foolish. You'll get audited, too. I've said it before and I'm saying it again: the IRS is not ***.
Don't play games with the IRS!!!! They are telling you that you are an independent contractor. You are not!!
You are told how to do the work, i.e, you are NOT allowed to sell to a prospective client on the first visit. Art and all
those liars sold on the first visit every time that they could. Why wouldn't they?
2. Honest disclosure about the commission structure. We're still trying to find out what it truly is!! A.L. Williams, Inc, got around one lawsuit because Alabama then had only a one year Statute of Limitations for plaintiff action.
3. Fair remuneration for selling the policy. Primerica can't pound and pound that ludicrous "higher cost first year, lower later" because the reps don't get paid commission
in subsequent years. That's laughing in the agent's face! That's an admission that they treat their reps very badly. AL Williams, Inc. - MILICO - Primerica owes me for the renewals.
It's time those responsible are tried, convicted and forced to restitute sevenfold. I say that because pyramiding is allowed in the United States.
Those taking bribes; those responsible for government regulators not taking down Primerica, Market America, Alpine, Inc, Amway, MCI, Herbalife, etc, are to tried, convicted and forced to make restitution to the victims.
I, as well as over TWO BILLION victims all over the world of pyramid skimming, await our fair and just restitution.
4. I put seven months of my time in to that elixir scheme, overall. Should I hold my breath that Primerica will pay me fair remuneration for all the mental
stress and impoverishment that multi-level marketing causes? Paying compensatory damages to me is not unreasonable, especially since there should be penalty as AL Williams, Inc, never paid me a dollar for my time after I got in.
I wasn't paid for my time when I first got in, either. I still do not know if my commissions were 2%, 1% or 1/50 of one percent. With no disclosure of the commission structure, how do I know I was actually paid an agreed upon wage? Remember, you are an employee.
5. Fair reimbursement plus interest for my travel expenses to take the course and the fee my up line extorted from me. That's not unreasonable.
I obtained the license required by the state Bureau of insurance governmental body and passed their test with a high grade. Reimbursement for my travel expenses to obtain the license.
That's not unreasonable. A L Williams, Inc, forced me to give up the license I earned! No argument of sincerity can be made by AL WIlliams, Inc, Bonnie or any of the RVP's.
They want the leads the downline has and will be very
PRIMERICA DECEPTION
I was briefly involved with Primerica and can tell you STAY AWAY It is cult like brainwashing and manipulation. Restitution should be paid to all its victims!
The recruiters tell you that you can make big bucks but you never will.
There is NO base salary, NO benefits, and they charge you a monthly fee just to stay a part of them so they don't have to pay taxes on what little income you will get.
What did it for me was when I saw how other companies had much better products for their customers. If a Primerica recruiter approaches you, run away!
For the cry babies
40Hr./week UN-secure Job or Primerica, you decide
Hello, my name is Rebecca. There's just something that I would like to say to the people who are fanning the flames to there own self loathing.
1) Primerica doesn't lay off people because they make too much money. They actually give them bonuses on top of what they earn. You can't get laid-off because you are your own boss.
2) If Primerica didn't work for you, it's because you didn't WORK for them either. It's just like any other job, if you don't work, you don't get paid.
3) I've been with Primerica for 5 months now and I would have to say that it is definitely a BUSINESS OPPORTUNITY. Let me tell you why. Let's say you open a donut shop with the investment of $100k. I guarantee you would work your buns off in order to pay back that $100k in order for your Donut Shop to turn a profit. ITS THE SAME THING with Primerica, if you work hard now and build your team THE RIGHT WAY, you will glide your way to financial freedom in the VERY near future.
4) When you work for this company you have to realize that if you do the right things, have a good heart and don't focus on the money, you WILL be blessed 3 fold. HOWEVER, if you sit at home scared and do nothing, tell me, what's nothing X 3? That's right, nothing. You get what you put into it.
For all you Primericans out there who are having it rough, just remember one thing, there are hard working Americans out there who NEED our help. You can't say the wrong thing to the right person. And above all, speak the truth and with your heart. Luv Ya, Miss Undastood. O;)
Primerica
EVEN RIPOFF REPORT WON'T PRINT EXPOSES ABOUT THESE SHYSTERS
PRIMERICA MILICO CITIGROUP A.L.WILLIAMS PAY ME WHAT THOU OWEST Bonnie Dorman, RVP, A L Williams, whom I had met previously when she was marketing Huff Cook,talked to me about a company that "offered a great opportunity through life insurance sales and asset re-positioning". Further, I could work part time and keep my present employ if I desired. Enthused, I worked over 80 hours/week; gave all of my time to the company. Then, within 90 days, Bonnie Dorman, RVP, demanded I surrender my Bureau of Insurance license because I didn't meet quotas!! THAT'S RAPE!! The RVPs and RSVPs said I couldn't sell on the first visit. The RSVPs gave orders and had control as to how the work was to be carried out. Hence, I was an employee. Where's my severance pay? SS contributions by AL Williams? THAT really took nerve!!! To put in my heart and soul and they say you must turn your license in? For what!?! What ingratitute, exploitation, skimming and heinous, brazen devils. Give me punitve damages in advance. Got any conscience? Yeah, you do. You have the conscience of Ponzi!
Deceit by these people in light of the aforementioned. It's their sin; they can't demand the license because it is false pretenses. It is a fraud. I worked for it; I studied for it. Why should it only be an SCC license that can only be used to sell AL Williams - Primerica products? It is a fraud; a sham. I had the same examination. I had to study just as hard as my competition to receive my license to sell life insurance. Bonnie Dorman, RVP, said you only have to work part-time and can make a lot of money. They lied; they smeared other firms that have protected territories. One needs a protected territory. I would have easily sold 4-12 replacement policies but no protected territory. So another rep had already sold. So you can see from the above I'm still waiting for a fair remuneration for what I would have sold and Art Williams - Primerica can pay me for the time I put in. They haven't given me anything yet, therefore, there has to be a penalty for what they did in order to discourage further rapes. I wasted a total of 7 months going to the meetings, the class, studying and scouring the supposedly limitless field of "every person you meet is a sale". To be so deceitful as to pretend to want to be helpful,then to say "give the license back; you didn't meet quotas", is the nadir of depravity and callousness. It is an abomination to do such things. One of many who experienced the same said this: "Very rarely does a RVP or upline give out sources. " Isn't that something? I realize Bonnie Dorman never once gave me any leads.
In addition, old AL Williams reps find me every few years. A quote that I can very well relate to: "I was never told how my name was referred to them". They say they are headhunters. They are leeches; steal your leads; find your family and friends and attempt to rape you again. They're just looking for whom they consider to be suckers.
I always have to tell them I am still waitng for my money. If you want me, you have to pay me 1000/week base, give me 100M shares in the company, 500M preferred shares and 1B warrants. Not only has A.L. Williams not made any restitution; he has not made an offer of stock or any thing at all in an honest effort to take away the injury done to me.
No remorse, no offer to pay for the expenses to get my life insurance license back that was stolen - nothing. AL Williams-Citigroup-Primerica lies and lies and lies. Here is what I found out while I was slaving for A L Williams:
- 80 fee to go to their seminars!! The RVP's told us it was a great deal!! All the other life insurance companies give their training for no charge AND they pay for your accommodations. "If you have a traditional job then your employer will train you to undertake your duties to the best of your ability. This makes good financial sense to them as it will maximise your productivity and ability to generate a good return versus your wage cost. Why then, do many multi level marketing schemes require payment in return for their training seminars? Surely it would be in their best interests to train their distributors for free so that they can profit from their retail sales?" http://www.scamtypes.com/is-time-up-for-multi-level-marketing.html
- I started finding insurance policies that were cheaper! A L Williams RVP's told me I was selling the cheapest. This began to gnaw and gnaw and gnaw more on me. It was beginning to dawn on me that Bonnie Dorman was a vile, evil liar. One of the reasons Bonnie Dorman was able to talk me in to the business was the "fact" that A.L. Williams policies were the cheapest and the riders made them cheaper yet.
- No reimbursement for my travel expenses.
- A sales rep is a rag that they can throw out! They tell you you are going to be wallowing in moola! The RVPs don't help you; I never, ever was introduced to a RSD or SRSD and they throw you away so they can exploit another one and steal his/her leads!!!
- I started hearing "that person's not even a potential client". When Bonnie Dorman talked me in to getting in to the business, every one was a potential sale. "Just start a list".
- I began running in to people who wanted to buy from me but they had already bought from another guy who didn't even work in the same state that I
was working in. My eyes finally began to open and it began to sink in that an agent needs a protected territory.
- You know it is so: when you go in to business, you don't recruit other businesses. You stay right there and build your business up wherever you are. You get the help you need. If you start a branch business, or a separate enterprise, you get the help you need. You don't tell them to pyramid on, for those new recruits to pyramid on, and on until you have exceed the entire population of the world!! Those RVPs and SRVPs know that. Those recruits are customers!! Defenders of the AL Williams-Primerica abomination are either liars on the top of the pyramid and do not want the thievery to end, or they are extremely blinded. There is NO SUCH THING as a pyramid in a conventional company!! The only pyramids are those wherewith you are told to recruit, recruit, recruit.
- I started hearing "that customer is out of our market". I was told "every person is a potential customer. This business is unique".
A L Williams-Citigroup-Primerica still owe innumerable commissions plus interest and penalty because they stole my license after 3 months. They never forced Bonnie Dorman to admit she was wrong and to return my license to sell. That license was only good to sell MILICO products. That's a conspiracy in restraint of trade!! The license granted by the Bureau of insurance was good for 2 years. A L Williams deliberately made up the 90 days and I had to pay my expenses on top of it to pass the exam and get my license! What a fleecing!
A. L. Williams takes away your license without any remorse! It caused me impoverishment and upwards of 99.5% of the other PFS reps wind up impoverished because of this abomination. It
is nothing but multi-level marketing. Only those at the top make money: those at the bottom give their time and energy to those at the top. And
they charged me for the classes. And I had to pay everything out of my pocket. Neither Bonnie Dorman nor any of other RVP's, District or Regional Leaders told me that all the other life insurance cos give you training out of their own pocket. They help their reps. It took over a year for me to recover from all the uncompensated work time and expenditures.
http://360.yahoo.com/mgtenter95
http://nextaxpro.spaces.live.com/
All right. A fair restitution:
1. You can't get around base pay. If you supposedly are going to make this fortune selling "buy term and invest the difference in mutual funds", "the 72 rule", etc, they have no problem giving at least $500/week so you can survive; more in high cost of living areas. That's not unreasonable. As aforementioned, if the reps did well on the Bureau of insurance examination, and I scored 87 out of 95 total, that's not unreasonable. They recruited us and told us we were would swimming in dough working part-time!!
2. Honest disclosure about the commission structure. We're still trying to find out what it truly is!! Art Williams got around one lawsuit because Alabama then had only a one year Statute of Limitations for plaintiff action.
3. Fair remuneration for selling the policy. Primerica can't pound and pound that ludicrous "higher cost first year, lower later" because the reps don't get paid commission
in subsequent years. That's laughing in the agent's face! That's an admission that they treat their reps very badly. AL Williams-Citigroup-Primerica owes me for the renewals.
4. I put seven months of my time in to that scheme, overall. Should I hold my breath that Primerica will pay me fair remuneration for all the mental stress and impoverishment that multi-level marketing causes? Paying compensatory damages to me is not unreasonable, especially since there should be penalty as AL Williams never paid me a
dollar. With no disclosure of the commission structure, how do I know I was actually paid an agreed upon stipend?
5. Fair reimbursement plus interest for my travel expenses to take the course. That's not unreasonable. I obtained the license required by the state Bureau of insurance governmental body and passed their test with a high grade. Reimbursement for my travel expenses to obtain the license. That's not unreasonable. A L Williams, Inc, forced me to give up the license that I earned! No argument of sincerity can be made by A L WIlliams, Bonnie Dorman or any of the RVP's. They want those leads and will be very swift to steal them from you. When you franchise a store, if you're smart, you check the contract for a fair evaluation of what the franchisor contributed to the good will and growth of the business. AL Williams staff and lawyers knew and Primerica knows about clauses like that. I was so young and am really surprised at the number of potential clients I visited and the enthusiasm I had and how I helped the image of that company. I was rewarded with termination and theft of my time. That's theft of services! That's theft of promised commissions!! I gave them my time. AL Williams and his people are thieves! Never again will it be done to me.
6. A fair evaluation and restitution for sales missed when forced to surrender the license I had studied for and earned. That means they owe me for the bonuses I would have made as well as the sales I lost, not only in the valid period of the license, but in subsequent periods; volume build up; more sales, bonuses, etc! After 7 months with absolute minimal income, I was impoverished and forced to take job so I could get back on my feet. Multi-level marketing impoverishes workers! Hundreds of thousands of others have been raped, also, worldwide.
7. The theft by A L Williams means lack of credentials for the next insurance place. The sin of A L Williams. Once again, you must have a protected territory. Reimbursement for travel expenses; fair restitution for my time to unnecessarily have to restudy for the examination. Boy,does AL Wiliams-Primerica-Citigroup screw people!! Taking away your license when no laws nor ethics were broken by the agent is an abomination!!! Art Williams, Bonnie Dorman, Primerica-Citigroup who bought them out [hence bought their debts] and the rest of them should be thankful I'm not asking for compensatory and punitive damage awards! Boy, do they fleece you! A lot of time and energy for what? To be used and thrown away so they can get your leads!! Aha!! Know you know why AL Williams and all the RVP's ordered you NOT to make the sale on the first visit! Why? After 3 months, they will steal their license to sell, which is not even rightfully theirs!!! I studied for the test, put out by the state regulator, not by AL Williams; not by MILICO; not by Primerica: not by Citigroup. What a corrupt outfit! You can't even recover unless you take the courses; then the examination all over again!! They owe for the mental stress!! Those sales District and Regional Leaders really have their nerve in demanding that you surrender the license when you have committed no legal, propriety, moral nor ethics violations.
8. License was good for 2 years. Out and out fraud and nefarious extortion to only allow a license to sell insurance and securities through AL Williams!! That really takes nerve. whom do they
think they are? God Almighty? The intent is to issue a license to sell life insurance and securities for yourself or for any firm. To limit to AL Williams is tantamount to threats, lies, deception, unfair restraint of trade and extortion. AL Williams violated the Sherman anti-trust Act without even telling us!!! Has Primerica turned from such reprobate shenanagans? Citigroup-Primerica must agree to pay for the remaining 21 months of
lost revenue as a result of the illegal seizure of the license to sell life insurance. That's generous: AL Williams does not have to pay punitive damages and AL Williams doesn't have to pay compensatory damages for a minimum of 7 years.
9. Confession by Primerica if they did the same that Art L. Williams did to those who spent money, time and energy to obtain their brokers license. Does Primerica refund your $199? May be some times, but then again, Primerica will at times say that you have a "chargeback". Primerica "loans" you money, whether you want a loan or not! Sounds exactly like the mob, doesn't it? There has to be a reason why ripoff report has chickened out and refuses to publish any more exposes on Primera, THIS, DESPITE THE FACT THAT THEY PRINT IN BOLD PRINT THAT PRIMERICA WILL REFUND YOUR MONEY, BLAH BLAH BLAH!!! WHAT ARE THEY SCARED OF?? RIPOFF REPORT DOESN'T ANSWER MY E-MAILS. Chargebacks is really deceitful. AL Williams only allowed their agent to receive a commission for one year, and the client pays a year in advance. In what circumstance could there be a chargeback?? In other words, if the SRVP and RVP do not get their slice off of the agent - even after he is gone !!!!!! - they want to still make you pay!!! And to make sure you DO pay, they "loan" you "insurance money" in the event of a chargeback!! Nifty, isn't it? Total evil. Tell it like it really is. Be sure your sin will find you out.
It'll find you out. It's found a lot of multi-level marketers of swampland out. And their sin will find the rest of those boiler room shysters out.
What?! Ripoff Report states this? To the editors of Ripoff Report: Primerica is willing to make amends? They bought AL Williams, stock symbol ALW. When you buy an outfit, you buy the debts. Let's see proof of sincerity. A.L. Williams headhunters in more ways than one! know I worked there, even if Bonnie Dorman were to attempt to deny it. "Not everyone is a sales person they recruited you, hence you are - not every one is made for every business and your success depends entirely on the effort you put into it, but, the investment involved is very minimal in light of the training and licensing that it pays for - all this talk about $199 being a rip-off. I guess people are wondering 'why do I have to pay to start a job?' But Primerica isn't a JOB, You're starting a business; you're starting a business when you go to work for all the others and the company pays -consult the Rock how many other businesses can you start for less than $200 unlimited, esp now. It's called the internet!?
Life insurance pre-licensing education is provided at no additional cost to you." ha ha ha ha ha ha ha ha ha. Primerica lied to you!!! Documented by other threads, also. We are NOT bearing false witness. That leads one to question the whole scope of the investigation put out by the staff of Ripoff Report. How deep was the investigation? I've spoken with thousands of life insurance
agents, including former AL Williams agents, and they all know that AL Williams charged $80 for the pre-licensing seminar. No additional costs? Even then, it was more than $200 as I have documented.
A.L.Williams recruiters wanted me to buy a policy! What!! Cuckoo! Cuckoo! When I go to work for a company, I get their product for free or at employee discount rates. You say Primerica is the same as any other company. Then why am I a customer?! If I'm an independent contractor; if you want loyalty, you are going to give me something.
And that's not all. Your company said I couldn't sell on the first visit. You gave orders and had control as to how the work was to be carried out. Hence, I was an employee. Where's my workers comp coverage, health insurance, extra social security in my account, vacation pay, sick leave pay, severance pay, etc? What's the big deal if a potential customer asks if I have a policy myself? You are going to give me a policy. I'm an employee. Of course I have a policy. You gave it to me. If you don't, you are trying to make me BUY a policy. You know you are nothing by a lying *** man, lowdown, double crossing, slick tongued unscrupulous huckster. When I go to work for an insurance company, I get the policy for free. Buy an overpriced policy to help National Sales Directors and Senior National Sales Directors? What deception! What dishonesty!
Ripoff Report said "recruit" in their " Rip-off Report Investigation: `Primerica`. "It should be noted that as an independent contractor, the compensation of a Primerica agent consists of commissions and bonuses earned upon the sale of a product, either directly or by an override commission GENERATED BY OTHER AGENTS emphasis mine recruited into his or her 'hierarchy'. " Not my words, his. Some have not seen through multi-level marketing. "But you should know, that your results are going to equal to your efforts." That is NOT so in multi-level marketing, even in a local economy on the upswing. Here is the best explanation I have seen to date. There are probably less wordy ones, but this is worthy of very careful, thorough study. Primerica IS IS IS a mutli-level marketing company.
http://www.frauddiscovery.net/Herbalife/WallStreetFooled.pdf
It's the same A.L. Williams hash refrigerated and microwaved up: Primerica was been and is under investigation by the SEC, FTC and numerous other governmental bodies".
Listing of investigations and litigations can be found SEC's and other sites -->
http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&mode=&start=&count=§ion=Litigation&sort=rank
If you just do a goggle or Yahoo search on 'Primerica fraud' you will get hundreds of hits explaining lawsuits, Primerica's deceptive tactics and testimonials of people defrauded. Most concerning of all though is that members of Primerica during company's presentations and speeches yell out 'Amen' and 'Hallelujah'
(my husband admitted hearing this too) and insist upon Primerica being a 'Christian' organization." an agent with AL Williams told me that many reps are pastors. It's easy to believe you need "supplemental income" when you are not trusting the LORD for your support - consult the Rock.
Think Primerica is sincere? Before publishing "Rip-off Report Investigation: Primerica pledges to resolve complaints & address any inquiries from the past, present and in the future. Commitment to Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program. Primerica commitment to customer & agent satisfaction. After interviewing executives from Primerica, it is clear that they are dedicated to helping their agents and clients achieve complete satisfaction and will not allow a legitimate complaint to go unresolved". Ripoff Report is NOT telling the truth.
Ripoff Report has to acknowledge that You can't get around base pay and that the average commissions for a Primerica agent is 2000 and the average commission BECOMES A NEGATIVE as only 1.5% of the RVPs, RVPs and SRVPs make 7 figure commissions and overrides and possible kickbacks from chargebacks on their reps!!. If it's not multi-level marketing, why do 98.5% or more of the reps who try MLM wind up with a DEFICIT after you figure expenses for the program?! Would you continue working for a corporation wherewith you had to pay fees and month after month after month earned no money and was not payed any thing??!!? Any company that pays only sales commissions without binding promises of base pay, profit sharing, preferred stock, stock, warrants - some future reward for work performed - is a slave master. An honest day's pay for an honest day's work. Be up front. Bill Gates was. He asked the workers to accept shares of stock. Those who did not want his promises could walk away. Primerica pressures you to stay with threats of no refund of your $199 (or more) and the usury regarding
the loans. Bill Gates backed up his promises. He did not vomit empty, lying promises of riches. He backed his promises up. That's what A L Williams needed to do and did not. That's what Primerica needs to do and has not, to date.
One wonders why ripoff report, which otherwise has a spotless reputation, would stoop so low to defend something that they know is immoral, illegal and a nefarious pyramid scheme, not to mention all the documentation that is still on ripoff report. Ripoff report won't publish any more exposes, but the documentation is still there despite what ripoff report sticks into virtually every single title in Prmerica, Citigroup, Milico.
And that's not all. No company is shaped like a pyramid, as you ignorantly say. You SNSDs and NSDs know that you are LYING! Is a sole proprietorship shaped like a pyramid? You could say a dot, square, rectangle. You cannot say pyramid. Is a partnership shaped like a pyramid? Are even a lot of companies, especially relatively small ones, shaped like a pyramid?! No! They are shaped as a trapezoid. And you know it as well as I. In addition to all of that: why are Primerica reps posting all over? If your product is decent, and, if you run an honest business, and NOT an illegal, immoral pyramid, you're not going to flood the search engines. What are you afraid of??? HHMMMM????!!! HHMMMM??!!! I CAN'T HEAR YOU!! WHY IS THE SILENCE DEAFENING???!!! I CAN'T HEAR YOU!!!!!!!!! SPEAK!!! You love to speak when you lie to whom you hope are suckers. Why won't you speak when it's time to defend your self. Every single soul knows. Darkness is always FEARFUL OF ALL TRUTH AND HAS TO MAINTAIN DECEPTION.
In fairness to ripoffreport, even stock, mutual fund analysts and institutionals do not know the inevitable law of rapidly diminishing returns involved in multi-level marketing. We will just ask Ripoff Report to read and pore over this daily for a month, then at least once a week for the next year. It is extremely important. Revealing information, even great revealing information, becomes dated. More, better explained exposes will come. Keep your eyes open. Ever alert, never hurt. Very nearly all of us will agree that Ripoff Report does some good; some would agree even a lot of good. We request a totally truthful explanation from Ripoff Report as to exactly why posts exposing Primerica-AL Williams are not appearing.
To be demanded by Primerica to pay for a background report made me laugh myself sick! They want any sucker. Any sucker will do! Anybody can get on as an "independent contractor"! What's the background investigation for?!! What if I had bought the policy? Would I have gotten my money back?? I was told that A.L. Williams went to jail on fraud charges. Why is it that you can obtain no info on this on the internet? Supposedly AL
Williams is an open book. You become so brainwashed you never question anything. He never came to see any rep and he never called for meetings. He can afford to pay the expenses.
Primerica defenders will cease and desist now from defending that nefarious pyramid scheme. And that's precisely what multi-level marketing is. Put your money where your mouth is. Pay me my 3 million of the coming class action lawsuit, then defend your wicked, pyramid scheme that has impoverished me and millions of others.
http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica§ion=Entire+Website&sort=rank
http://www.consumerfraudreporting.org/primamerica.php
http://www.sequence-inc.com/fraudfiles/2008/04/26/the-pyramid-scheme-aspect-of-primerica-financial-services/
http://www.frauddiscovery.net/Herbalife/WallStreetFooled.pdf
http://www.consumerfraudreporting.org/reporting.php
http://www.mlmwatch.org/
http://www.pinktruth.com/index.php?option=com_content&task=blogcategory&id=72&Itemid=123
http://www.scamtypes.com/
http://blog.360.yahoo.com/blog-GN8MB_08fLK8uLqngFNBGmBz
http://nextaxpro.spaces.live.com/
http://360.yahoo.com/mgtenter95
Primerica Scam
Stole money from my 18 year old daughter!
My daughter entered a local thrift store to apply for a position. The position the lady "Rocky" was hiring for was insurance agent/financial planner. She was a good sales person and offered training. She told her that all she needed to get her started was her bank account number and routing number. My unsuspecting daughter gave it to her. She had not been exposed to such a crook before so she trusted her to do the right thing. She was told that she had 30 days to change her mind.
Cassie called her back when she got home and told her that she had changed her mind. The lady said ok.
Soon after, she began getting overdraft notices and decided to look into it only to find out that this company was taking money from her account. They cleaned out her checking account and began working on her savings account. When the lady was questioned, she remembered that Cassie had called her but that it was too late. She did not tell Cassie that. Bottome line. She cant get her money back.
PRIMERICA - RUNAWAY - RUN RUN RUN!!!
Thank you for this site & the people who pose on it!
I am working with Primerica now, but I will be turning in my resignation tomorrow.
I have taken my rvp to see my parents, my Uncle, and my cousins and I was very happy what did for them. I just got my licensed last month and was able to do my best friends insurance. Monday I come in to the office and find out my best friend's policy has been rated due to diabetes. Her cost went up from just under $40 a month to almost $80 a month. I understand life insurance can be rated, but what shocked my was that Primerica will not pay commissions on the rating. I was told by my rvp that no company pays on the ratings so I took it at face value. My best friend was a little upset about the rating and called me with this site 2 nights ago. I have read every post going back nearly a year! I was shocked. I asked my rvp about some of the things brought up on here. He was not happy. I asked about the loan we did on my uncle, about primericas life policy expense, I asked about residuals, I asked about the average pay of the pt & ft reps in his organization. He went from being my best friend to yelling at me. All I wanted was the truth. He said primerica offered the best products for the middle income families. He told me that this was a crusade and that if all I wanted to do was sell I should find another company. I was blown away. This guy played the role of the perfect Christian, family man, and businessman, but in the end he showed his true colors. Following the advice of this forum we made some calls of the family he wrote life insurance on. I was shocked!
My parents had a 20yr policy with primerica. I called a broker and got a quote with ING & Banner for over $60 a month cheaper than primerica. This was the same amount of coverage.
My bestfriend's policy might still be rated, but I was told that Banner is pretty good about accepting policies with people with diabetes. He told me that the compensation is the rest of the insurance industry uses is that the pay is based on the annual premium. If the policy is rated you get more commission. Just another way primerica rips off their reps.
My Uncle had a 25yr policy with primerica. The quote we got for him was for 2 ½ times the coverage for $30 less per month.
My Uncle's $MART loan has a pre-payment penalty, but even with that we spoke to a broker and we can drop this rate from 7.28% to 5.875%. We asked for a 20yr loan with no prepay and we shocked that if we can get the new loan will be close to $1,000 a year cheaper and will be paid off in 20yrs instead of 22.3 years with Primerica. What a rip off.
I hate this company and everything they stand for. I have read about the koolaid and I know that I was drinking it. I will make sure everyone knows about these guys & the fake feel good meetings they do.
To the person who has mentioned they just want to get into your family and friends you have no idea how right you are. We recruited 3 people and all they wanted was to see 3 people immediately. I am telling everyone I know with primerica insurance to check around.
Wow was I *** to fall for this stuff! Please look closely at primerica before you join and feel the same way I do. The people in primerica are very skilled at coming across as your friends and saying they do what is best, so be wary. The truth is they will sell you and you family expensive products and could care less about you once your done. If you work for primerica and defend this company keep enjoying the koolaid. I will tell every person in my church, my school, and everywhere I go to avoid this *** company.
Not as smart as I thought I was,
Mary H.
You need to be educated.
Ok. Opinions are opinions.
Everybody has them. There are pros and cons to every business and profession out there, BUT...come on people. Please do me a favor. If you're going to write a review on here have enough common courtesy to be grammatically correct, check your spelling, and write something that makes sense!!!!I've read 8 reviews and 6 of them were completely worthless.
Did they miss out on the first 3 to 4 years of schooling? Coming from a teacher....PLEASE check your work!!!!!!!!!!!! I was actually looking to find information on Primerica, good and bad.
Instead I found a mess and was left with the impression that the people who are complaining must not be very educated to even understand what they're complaining about.
PFS takes money for my account.
PFS callantlanta is taking $ 25 in my account every month. When I signed for Primarica, I did not know if I would have to pay that money. So, I am trying to find a number to call a representative I can not find any number.I am planing to close the account. I really need help in order to stop it because I am not working right now. Saving money to pay my bill is very important for me.I went to the Bank and they could not located PFS. I guessed that pobably I am not the only victim.How can a company takes money from you each mont and you can not find a number to call and to stop it. I am very mad about the way these companies are doing business.
Naomie from Boston
naomiedieudonne@***.com
Primerica hustled me before I found out the Truth.
I am so glad that former Primerica reps are speaking up to the real truth of what Primerica really does to people. I especially like what PFS Truth had to say in April 2008. My husband and I joined the business about 2 years ago and slowly rose up the ranks as Divisional Leaders. We were asked to speak at meetings to motivate new people to come into the business. We followed what our RVP told us to do to the letter. Everything was fine as long as we were making money.
We were told that if we were going to become RVP's then we should like Chargebacks. We were told to tell people that term was the best policy to have. We weren't allowed to sell any other product outside of what Primerica had. We were not allowed to advertise (our) business because head office wouldn't allow it. We were told, "we were in business for ourselves but not by ourselves."
None of what they said to us was true. We were not running our own business. All we were was a means for our upline to make more money for them. If you are a new person showing up for a business opportunity then you really don't know things until you hang around long enough. The person who invited you in the meeting doesn't tell you anything until you get to the office and they show you a film. They most of the time come across as being your friend. Inviting you to their house introducing you to their other family. Giving you supper etc....
This is done to let your guard down. You think to yourself if this person invites me to their home then maybe I should trust them. They act like your friend because they have an invested interest in you because of your warm market.
I'm not bashing Primerica people, rather stating the truth. We didn't leave Primerica because we weren't making money either. We had a better offer! An offer that would enable us to tell people the truth from the beginning. As things were revealed to us we couldn't continue working for an organization who deceives people. There are alot of others who are working with Primerica who really believe they are doing the right thing.
All I can say to the Primerica supporters is that if there is smoke then there is fire. Primerica is not the victim here and doesn't not need people like you to shout out others who think there is something wrong with Primerica's methodologies.
I wonder how many current Primerica reps have read their IBA Agreement????? So my advice would be to read your IBA Agreement before you shoot your mouths off to others saying that their negative. TELLING THE TRUTH IS NOT NEGATIVE!!!!
Everything PSF Truth wrote is the Truth! I don't even know who this person is but I can tell that they know how Primerica doesn't business. By the way, CITI Group has not been in business for 30 years. Primerica has been formerly named A.L. Williams. So don't push the Citigroup stuff cause you all know that Citigroup is doing really terrible right now. Especially regarding the class action lawsuit against Citigroup for deceiving investors. Do your research people! As far as I can see anyone who disagrees with facts are just trying to be wrong and strong.
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I too was fooled by the smooth talking, promises of a support by an agent. It is a cruel company that want to suck your family and friends into a financial hole by someone they trust and love that person is you.
Don't bring your family into this mess don't destroy their lives.
If it sounds to good to be true it is. Cons at their finest.
Prime America and Primerica are two different companies! If you do not even know what company you are referring to, then you really must not have a valid complaint!
sounds like alot of people are not happy with this company would like to hear more about what and how they have affected you thanks !
:( :(
Agents from this company sell their term/adjustable premium whole policies as if they were traditional whole life and then their clients end of with monthly payments in the hundreds of dollar range because they were misinformed. This may not be criminal but it is unethical.
About the soilders just so you know are people who fight for our freedom so you suck it up because I bet you could never go overseas and deal with what the soliders. You would be crying like a big sissy baby to go home.....
I pray every day that my family that is overseas make it home. Suck that up!
I'm a representative of prime america and I have been in the company for a year now. And c the problem is people don't want to realize up have to crawl before u walk.
Meaning people don't want to put time and effort into working for themselves rather than always trying to get rich quick. Honestly it don't work that way!
As I state before Im a representative and I make 500,000 or better each year and no I never take advantage of anyone. Maybe u just had a bad experience.
You say you have been with the company for a year. Hmm...
Then you say you make over 500,000 each year.
Yet you do not make money for the first six months or so. Don't add up.
NOOOOOO IT SURE DOESNT LMBO
I made money within my first month. LAZY PEOPLE do not make money for 6 months. :)
less than 1/10 of 1% of all reps in their entire 40 year history have exceed $50k during any single best 12 month rolling period, including advances, but before expenses.