PRIMERICA SCAM-WATCH OUT!

by Mary
(Boston)

Primerica is absolutely a scam! I was with them for 6 months and can tell you, there is no money to be made.

They sell you on the idea that you can make millions of dollars (a red flag should go up when a company has to beg you to join by promising big bucks up front). I joined part time because I thought I had nothing to lose.

I was a stay-at-home mom and was open to extra income. I did learn a few things about money but it’s nothing you couldn’t learn by reading a simple book or visiting a credible financial website.

The so called “regional vice president” drove a beat up car despite claiming to make over $100,000 a year and the other people at the office who were supposed to be our “mentors” had other jobs just to make ends meet.

The most deceptive thing this company does is they have their top earners in the company selling books, audios, and getting cuts from the reps who stay at expensive hotels at the conventions. They are top earners not because the business works but because people are suckered into buying their propaganda.

So, they can point to a few people who make a lot of money but they do it by suckering new reps into going to the conventions and buying the books and audio.

It is very cult like—you are expected to agree with them on everything and if you don’t, you are an outcast and when you try to talk logic and sense, you are told you shouldn’t “be thinking so much.”

I’ve seen first-hand that there is no money to be made in this company unless you’re at the top of the hierarchy/pyramid.

If you are approached by someone mentioning a part time career or a business opportunity, ask what the name of the company is and if you hear Primerica, run away!