Who's heard of Primerica?

[shopbruin]

Primerica

Basically they advise you on how to invest your money in a simple, down to earth way. I was contacted by one of the recruiters to come to an interview next week and talk to them. They weren't looking for any sort of finance skills but people skills.

I just want to know if anyone has interviewed with them and has any information about what position they're trying to hire me for, which I think is for one of their financial reps. Or if they work with Primerica, that kind of info would be great also.

I specifically need to know about pay - as sad as it sounds, I barely make enough to live right now. I don't want to go into a job that bases their salary on commission because of all the uncertainty and I'd rather keep doing what i'm doing now. I just like keeping my options open.

 

[Quixfire]

They are a MLM and you only get commission on your sales after you have become a certified planner.

 

[Rob9874]

It's a pyramid scam. Stay away!

 

[newbiepcuser]

Originally posted by: Rob9874
It's a pyramid scam. Stay away!

 

[GasX]

Is it anything like Kramerica?

 

[royaldank]

Get out. Get out. It's a scheme that you can't beat.

 

[EXman]

They are lame ...

I'd stay away have not heard anything positive about them.

 

[ElFenix]

Originally posted by: newbiepcuser

Originally posted by: Rob9874
It's a pyramid scam. Stay away!

 

[shopbruin]

hmm i was considering bailing on this interview before.. now it just keeps getting reinforced.

i just HATE selling things.

 

[GasX]

I know nothing about them, but am surprised by all of this negative feedback on a Citigroup company.

 

[mee987]

Originally posted by: Mwilding
Is it anything like Kramerica?

i was just about to post that, luckily i glanced over the replies first. Kramer: "It's for testing my bladder system." George: "You're gonna drink all that?!"

 

[eLiTeGoodGuy]

yes they are a pyramid (sp?) scheme... My woman got into that crap I kept telling her it's BS, finally when she got a check from them for $45 after 2 weeks work she finally saw the light... it's all commission based which you don't get paid commission till your certified, you don't get certified till you pay them like $500. And the only people you can contact (at first) are friends and family, they then have to refer you to other people.

 

[dquan97]

it's commission based income

 

[shopbruin]

Originally posted by: eLiTeGoodGuy1
yes they are a pyramid (sp?) scheme... My woman got into that crap I kept telling her it's BS, finally when she got a check from them for $45 after 2 weeks work she finally saw the light... it's all commission based which you don't get paid commission till your certified, you don't get certified till you pay them like $500. And the only people you can contact (at first) are friends and family, they then have to refer you to other people.

WHAT?! I'm NOT paying 500 bucks to learn a skill for a job I was hired for!

 

[amnesiac]

People never understand - ANY job that requires you to pay money to the company in order to work = SCAM.

Certain jobs require training or certification, such as financial planning, but either training is paid for by the company OR a prerequisite to getting hired.

 

[DainBramaged]

From what I know of it, you only pay them for your certification school. Costs $200 vs. lots at the local college. Also, my friend makes a lot of money at it. However, if you don't like to sell, its not for you.

 

[lowtech1]

There are many archive threads that tell you not to walk away, but run as fast as you can.

 

[eLiTeGoodGuy]

Originally posted by: freesia39

Originally posted by: eLiTeGoodGuy1
yes they are a pyramid (sp?) scheme... My woman got into that crap I kept telling her it's BS, finally when she got a check from them for $45 after 2 weeks work she finally saw the light... it's all commission based which you don't get paid commission till your certified, you don't get certified till you pay them like $500. And the only people you can contact (at first) are friends and family, they then have to refer you to other people.

WHAT?! I'm NOT paying 500 bucks to learn a skill for a job I was hired for!

I think BrainDamaged is right it's $200, but there are some other certs that they want you to get too... I think when all was said and done it was close to $500

 

[Izzo]

Originally posted by: Mwilding
Is it anything like Kramerica?

Doh, I was too freaking late.

[bellybutton voice]
Hellllloooooooooo!
[/voice]

 

[EXman]

And the only people you can contact (at first) are friends and family, they then have to refer you to other people.

pimpimg friends for something they don't need makes you looks really bad in there eyes...

 

[Rob9874]

Originally posted by: EXman

And the only people you can contact (at first) are friends and family, they then have to refer you to other people.

pimpimg friends for something they don't need makes you looks really bad in there eyes...

Yeah, a friend at work said he listened to a sales pitch once, but when he heard that you have to start by bothering your friends and family, he knew right then it was dumb.

If a friend told me he wanted to meet to discuss selling me something, I'd tell him to take a hike. What a joke!

 

[macwinlin]

IMHO, I would stay away from Primerica.

Combining their questionable business practices (at least in the past) along with their recruiting methods, convinced me to not get involved even though they are affiliated with a well-known company (Citigroup).

Google link w/ "opposing views" of Primerica

 

[alkemyst]

searching groups.google.com would give you all the info you need to know.

It's MLM, you have to pay for training (I believe this training is no good anywhere else, but I am not sure), you have to get people under you to really make money.

Sure you can make money at it...but there are easier ways to do so.

 

[shopbruin]

*freaked*

ok i really think i'm going to stay away from them now...

 

[EXman]

New York Life asked me to do the same thing I said "NO WAY" went to State Farm where they do it right and wasn't qualified... oh well