Primerica

Primerica is nothing but an elaborate Pyramid operation that has managed to barely stay within the legal guidelines in the US. Many other countries have banned operations like that rip off everyday consumers and many feel companies like this should be outlawed here too.

The company will recruit anyone with promises of wealth and financial independence but none of the claims can be backed with any evidence whatsoever. In fact, the numbers show that the executives in the company make many millions and most of the salesforce does not earn enough to live on. The turnover rate of new recruits is virtually 100% every year. Anyone that is contacted about joining or buying a product from this company should know that the chances of making any decent money with the company is zero percent and if you buy a product, the person who sold it won't be there to answer any questions or provide financial guidance down the road.

Do you work for a bank? lmao , the real scams are the banks you and i know it. Name me one financial conapmy that literally saved a life because of their terminal illness benefits There are 3 kinds of people that say this is a scam 1.The ignorant/idiots 2.The lazy that are mad because they haven't made any money 3.People that work in banks, because we all know that banks hate primerica because we tell the TRUTH. Which one of those are you?

So, I was shopping around for some life insurance, and Primerica gave me my best option. My aunt, who also had this company, died of cancer and her children, who are adults, got the $300K from her policy and were able to pay off the mortgage on their ranch. Anyways, I went to some other companies, and all offered me a whole life policy, or a cash value. Being the researcher that I am, I researched like CRAZY and came to the fact that buying term and investing the difference works. Fast forward to 2 years later, I have invested about $1200 into an aggressive growth account and have gotten $200+ back in compound interest. Doesn't seem like much, but I would have gotten $0.02 cents in my savings account at my local bank. They also offered me a business opportunity, not a JOB, which I turned down at first and then proceeded to invest the $99 after 3 months when my job cut back my hours. I now make the same amount of income I was making at my job when I was full time. I work 20 hours a week at my job, and work an extra 2-4 hours a week for Primerica.

When we first found out about Primerica we did not think that there would be something fishy about them, because they were quite popular, and we did not even read any reviews about them. That was our main mistake.
We drove down to their office and talked about advantages and disadvantages and also possibilities of taking a loan. The young man who was our consultant was very nice and well educated. He assured us that thanks to their business that has been growing over the years and their experience – we would have no problems at all.
After the consultation we decided to fill the documents to get approved for a loan. The young man said that it will take some time until we will receive an answer. We did not mind to wait.
What we did not realize at that point, that we had to pay a fee for them to “look in to it”, and give their answer. We did not know about the fee until we saw the charge on our cc. They took $300 and never informed us about it.
We did call them and asked what is the meaning of this and why no one told us that we would have to pay something before we would get approved. Maybe we would not mind paying a fee, but only if we knew about it!
We did not receive a decent answer and the guy told us to call back later. This is the worse service we've ever received. Never thought it would be a scam.

I have purchased auto insurance from Primerica, and I thought that would be a good deal, until I have found out about the reviews about this company. I got curious, and contacted some people who used to pay for the services of Primerica. None of them gave me any good review and I got upset, since I didn't know if I would be able to cancel the services after that.
I did pay for whole six months and it was just the first month that I've been using the insurance.
Needless to say, I've called the company, and the man on the phone said that I would have to talk to their manager, since there was no obvious reason why I want to quit the service (I did not tell him about the reviews).
Ok, I've called up the manager, and he said that canceling the services without any reason can not be done. I had to open up and tell him what I've read and what I've been told. Of course the manager denied everything and assured me I should not listen to others, they are probably paid by competitors to wrote those complaints and say everything negative to get more clients.
I did stay, but I should say that it was a mistake! Later on I have been getting balance deductions from my credit card account! They have been ripping me off, and I didn't even see it at first!
ALL THE NRGATIVE COMMENTS ABOUT THEM ARE TRUE!

WE HAVE BEEN SCAMMED BY THIS COMPANY CALLED PRIMERICA. THEY OFFERED US HELP IN FIXING OUR SITUATION OF LOWERING OUR LOAN, SO WE WOULDN'T HAVE TO STRUGGLE FOR 10 MORE YEARS. AS SOON AS WE ARRIVED AT THEIR OFFICE, THEY BEGAN TALKING ABOUT DIFFERENT OPPORTUNITIES FOR US. WE WERE VERY EXCITED AND THOUGHT THAT OUR PROBLEMS WERE OVER. WHO KNEW THAT THEY WERE JUST ANOTHER FRAUDULENT BUSINESS, HUNGRY FOR YOUR MONEY, AND NO CARE FOR YOUR TROUBLE WHATSOEVER.
ANYWAY AFTER WE UNDERSTOOD THAT WE AIN'T GETTING ANY RESOLUTION AT PRIMERICA, AND THAT PEOPLE THERE ARE LIARS AND THIEVES, WE TURNED TO OUR LAWYER WHO SAID THAT WE WERE LUCKY TO “STOP DEALING WITH THE COMPANY AT THAT POINT” OTHERWISE WE WOULD LOSE ALL OUR MONEY AND WHO KNOWS WHAT ELSE THEY COULD DO TO OUR LIVES. WE COULD EVEN LOSE OUR HOME!
SO, AFTER WE CONSULTED WITH THE LAWYER AND THEN REVIEWED THE DOCUMENTS THE COMPANY WANTED US TO SIGN UP WITH THEM BEFORE WE WOULD START ANYTHING, IT APPEARED THAT THEY WERE WILLING FOR US TO MAKE A HUGE PAYMENT, WHICH AFTERWARDS WOULD NOT BE RETURNED IN ANY SITUATION! CAN YOU IMAGINE THAT????
WE JUST WANTED TO WARN EVERYONE WHO IS LOOKING FOR A COMPANY TO HELP MAKE PROBLEMS GO AWAY – DO NOT DEAL WITH PRIMERICA! ALL YOUR HOPES FOR RESOLVING ANYTHING MIGHT QUICKLY DISAPPEAR!
DO YOURSELF A FAVOR – READ THE REVIEWS ABOUT THE COMPANY YOU'RE DEALING WITH BEFORE YOU'LL MAKE ANY PAYMENTS!