anyone know anything about primerica?

[GoingUp]

got a phone call on my cell phone today regarding "i got your name and heard that you were open to opportunities to make some extra money, call us back"

who are these bozos?

thats the second telemarketer call that ive gotten on my cell phone in the last week. previously i'd only gotten 1 telemarketer phone call in the past 3 years on my cell.

ive only had my new number a month... how the hell could someone learn what it is? not all of my friends even have my new # yet

 

[T3C]

Telemarketers.

 

[Scarpozzi]

It's not a scam. That's how I made my first million...and afterall isn't that the hardest one to make?

 

[nakedfrog]

Kramerica?

 

[MrBond]

Isn't it one of the names that Amway goes by because (sensible) people hear "amway" and flee?

 

[spanky]

pyramid?

 

[iamme]

Originally posted by: nakedfrog
Kramerica?

go mend that chicken wire, Darren!

(btw, do a search for primerica and you'll find plenty of info)

 

[StageLeft]

Yet another craperica question. In short, steer clear. They suck.

 

[FlyLice]

Isn't Primerica like Citibank's wannabe "financial advisor" crap? Basically you cold call everyone to have their money managed by you. American Express does it and got fined big time for giving bad advice (pushing their own funds).

 

[gotsmack]

I got suckered once into going to one of their recruiting events, put on a suit for nothing. They are ONLY looking for 'financial advisors', no real jobs.

Basically you harass people to give you referrels and you call people up to ask them to let you manage their funds. Most of it is based around getting them to cancel their regualr life insurance and buy term insurance, then use the left over money to invest in stuff.

 

[Nitemare]

Thought you wanted to be a millionaire so I gave them your number. You can thank me later..

 

[FoBoT]

primerica used to be AL Williams insurance
it is pretty much a MLM term insurance outfit that was bought by citigroup

the basic tenant is a good one, buy life insurance for what life insurance was intended, insurance and keep your investments seperate in things like mutual funds. basically the message is "whole life insurance is evil and just gets insurance brokers fancy cars/boats"

it isn't amway

 

[Yax]

Primamerica, pay to join up as a sucker. Pay for gas to attend their seminars where they beef you up with testimonies from people who have made lots of money recruiting suckers to carry on the work.

Then sucker your friends and family into buying the product at an above market cost and give the majority of your commission to the people who signed you up in the hopes of someday recruiting suckers to do the same for you.