I agree with those that say MLM is a bad deal for most people. It's "endless chain" compensation and recruiting. MLMs typically telemarket all hours of the day, weekends, holidays, and are taught to prospect and recruit 24/7. Your friends will avoid you if you bring this shiite up to them.
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They teach people that your friends are losers if they don't join. People get obsessed because of the groupthink training sessions where they get your endorphins firing. 90%+ lose money in MLMs. Products are usually mediocre and better and cheaper elsewhere. Markets are often already saturated with people who have been harassed by MLM telemarketers. You work harder for longer hours, weekends and holidays included, but you don't get paid for that work, you only get paid to make a sale. You might work for a week just to get one sale, then you get a very tiny cheque because 6 or more people and the company also have to get paid from that sale. MLM is a really bad business model, but they lobby government and make donations to politicians so they can influence the laws in the country.
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A lot of off-the-street types who are down-and-out join, but just lose more.
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Check with www.the-cma.org to see if they are registered and abide by the CMA rules for marketing. If they are, you can file a complaint. If not listed, ask yourself why?
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My husband got 'hired' by Primerica about two months ago through CareerBuilder.com. He has a bachelors degree in Public Relations, has no experience in financial industry and had never taken a single class in finance but was looking for a sales job. Needless to say, he was an easy target for Primerica's smooth talkers. Just two days after he got recruited his 'trainer' had invited herself into our home to do a 'kitchen table' with us to help us set our financial goals and help Paul 'train'.

Me being a recent MBA graduate I prepared a whole list of questions like 'So how exactly is Primerica different from say Mary Kay other than the fact that Mary Kay sells makeup and Primerica sells financial services?' and 'Is there really a business need for my husband to recruit his friend the plumber and our neighbor the Secretary to sell insurance with him so that he can make money of their sales to their friends and family?' I had all kinds of questions that I was so sure she wasn't going to be able to answer at least not to my satisfaction and that because of that we would not ever see her again.

Boy was I wrong. She had me completely showed. She was throwing around arguments about baby boomers retiring soon and how they'll be rolling their 401ks and all of this money will be exchanging hands and there will be no one to help them with their insurance and investment needs. And this is because companies like Merrill Lynch wouldn't even talk to you unless you have $100, 000 to invest and Primerica fills in that growing market of middle class people that do not yet have clear financial goals set.

To my question on whether Primerica is a multi-level-marketing company she exhaled: 'But of course it is multi-level! Every single corporation in the United States is multi-level. Everyone including CEOs have people below them, above and them or both.'
Not 30 min. into it we were already going into our Financial Needs Analysis (aka FNA) and through Primerica's 'Show Me the Money' 6 months plan. She was throwing charts, graphs and all kinds of flyers at us showing exactly how much money will my husband making over the course of next 6 months being on the fast track 'trainer's plan'.

Among other things she kept saying that if the wife isn't happy then no one will be happy and that she wanted to make sure I was agreeing with what Primerica had in plan for him and that I was satisfied with it. Along with six figure income after 6-7 months she showed us that the first month while he is training he will make exactly $565 - by his trainer giving him or finding him a client for a life insurance policy. Yes its small, $565, but its guaranteed and it will help pay for our daughter's daycare.

When she left our house I left pretty good about my husband's new job. Sure, its commission only but with all the 'training', help networking from his trainers and colleagues and his sales skills he is be bound to succeed. But my piece of mind did not last very long. In less than two weeks I saw what was going on. He was 'training' for about an hour on Saturdays only and spent all day Tuesdays interview new recruits. Outside that all he did was make endless phone calls soliciting new recruits.

As I work from our home office I get to hear the same sales pitch over and over again. Several friends started avoiding us as he tried to recruit them, they refused but he wouldn't back off. Around that time is when I found out that not only did we pay for the $199 membership fee but we also bought a term life insurance policy on my 27 year old husband's life that we needed so much as he could die any second and what would I do than to replace all of his income (with Primerica) ? And we didn't stop there.

We got an emergency mutual fund investment too. And all of this before trying to pay off all of the high interest debt we have that is costing it a lot more any investment we could make. Needless to say I went ballistic but as soon as I came down I started doing my research. Here is what I found out through watching him recruit and talk about Primerica:

Primerica is nothing but a pyramid scheme that depends on constant influx of new recruits that will pay the $199 membership fee and purchase number of financial services/ investments most of which they do not need or are not suitable for them. The manner in which Primerica sells these financial services involves some very questionable business practices and by sales reps with very little or no training, education or credentials in financial advising.

Even though my husband had now spent almost two months with the company he could not give you the definition of term life insurance let alone explain the difference between term life insurance and cash value insurance. Despite of this, he managed to recruit some 6-7 new people most of which he solicited off CareerBuilder. It's been two months now he did not make the promised first month $565. When he asked his trainer about it she told him she couldn't help him with it because he did not have a 'warm market'.

Primerica was been and is under investigation by the SEC, FTC and numerous other government bodies. Listing of investigations and litigations can be found SEC's and other sites -->
http://www.sec.gov/cgi-bin/txt-srch-sec?text= ... rt=&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.

The two of us had never went to church on our own before but only a month after he started working for Primerica he insisted on going to church every Sunday. And not only going to service but to Sunday school, Wednesday service and church softball and basketball leagues- its good for meeting contacts for Primerica.

To sum it up:

What Primerica tells their recruits is that:

1) They can easily make a six figure income
2) Their greatest income opportunity comes from recruiting new people from whose sales they will receive overrides (or % of commission)
3) The $199 dollars is for a background check (that typically does not cost more then $65 or that $40 is for the background check and $159 is to cover the cost of government subsidized classes (which oddly enough cost exactly the same in every state)
4) That in order to be successful selling Primerica's financial services it is strongly recommended that the representative buys a portfolio of Primerica's products
5) That Primerica is in fact a 'Multi-Level-Marketing' organization but 'as is every single corporation in the United States' (or everyone but the CEO has people below and above them)
6) That they are being recruited as financial advisors
7) Primerica is in the business of “helping people'
8) That Primerica is a part of Citigroup - the largest financial company in the world

What they don't tell their recruits is that:

1) Only about 1.5% all Primerica's sales reps ever make a six figure income, if even that many
2) Primerica does not cover any of the business expenses or overhead representatives incur in the process of recruiting new members or selling Primerica's services
3) As a result of questionable business practices Primerica's has been banned from operating in the state of New York for two years (strangely enough my husband's recruiter had moved down from New Jersey?)
4) Even Primerica's disclaimers state that 'Representatives are not financial planners, investment advisors, financial consultants or other specialists who provide financial advice and whose compensation may be unrelated to sales.'
http://ww4.primerica.com/public/primerica_disclosures.html

5) That Citigroup is merely a sister company of Primerica that does not endorse any of Primerica's business

All that my husband has to say to this is 'I bet that if you look hard enough on the Internet you'll find that even Jesus is bad'. He does not want to even hear about anything about it much less consider doing his own research. He is now even planning on an advertising campaign to get his Primerica's sales started. Needless to say, Primerica will not pay for any of it.

Basically going forward my fear is that:

a) Him and I will pour hundreds if not thousands of more dollars into this 'business venture' before he figures out who he's dealing with
b) Some new recruit and/or customer will either break his jaw when they realize they had been defrauded or sue him

I have said so many things to him but nothing seems to be working. We just end up getting into fights about it. He is not himself anymore and has been completely brainwashed. He would not listen to me or his parents and family. His aunt actually had the exact same experience with Primerica and told him not to do it. But Primerica's answer to it is that its not for everybody - it is hard work and only determined and hard working ones succeed. But lately I've been feeling that the following applies.

Stay away from Primerica and their pushy salesman with no knowledge in any financial area. They are posing as financial advisors looking to take your $199 and sell you anything they possibly can. After all as a member you better be buying all you are trying to sell.

i just received a call from a girl from this number, i went to google to check it out. the comments looks great here and i will definitely go to the interview. i am only 18 but wanted to know if they would hire me?

Thank you for your timely response Julia Forte.  I’ve been writing to you and your team for three weeks now, and until now you hadn’t responded.  

“The users say they were contacted by Primerica; you say Primerica never contacted them and ask to take your word for it?....”

Yes! As a responsible administrator I’d ask that you look at the facts, many of which were provided to you in “!” replies.  Primerica has over 6000 offices in the United States and Canada.  When someone ‘Googles’ Primerica – This forum does pop up.  There are many cases in this blog that site “I've read through quite a few of the posts in this forum and couldn't resist throwing in my opinion...” and “My husband got 'hired' by Primerica about two months ago through CareerBuilder.com. He has a bachelors degree in Public Relations...” These are just two examples of many that are either ‘passer-bys’ or disgruntled with someone else using this form to vent! NO ONE HERE has EVER used CareerBuilder, We’ve Never travelled to St.Louis (another post), and we sure as heck never met (or called) “Punch” who clearly wrote “I was recently referred by a friend to "Primerica" for an "opportunity." “

On your home page it is written:

Reverse Phone Number Lookup
This is a user supplied database of phone numbers of telemarketers, non-profit organizations, charities, political surveyors, SCAM artists, and other companies that don't leave messages, disconnect once you answer, and simply interrupt your day.
If you received a strange call, unwanted SMS message, or just came across a number you don't recognize and want more information about, most likely you are not the only one. Search for this phone number to see the reports of others. If there are no reports yet, leave your comment to start a conversation.
“What's clear is the public has questions about Primerica and how it operates. Could you address the questions and refute the wrongful information in a public response?” Julia – if the ‘public’ has questions they can call us.  They are welcome to comment to any of our representatives directly – IF WE’VE CALLED THEM!  If they have issues with other offices or divisions of the company they need to resolve those issues with those offices or our Home Office.  Allowing negative and abusive posts remain when they are not of our doing is completely unfair.
“You will be challenging the anonymous posters? If yes, why not here?” We are only challenging the posting for which we know for certain we DID NOT CALL.  I’m not going to get into an on-line debate with people I have never called nor met.  As “difficult” as it is for you to “stay objective” we’re simply asking you to diligently read through the comments – it’s clear that there are multiple comments that we obviously NEVER CALLED! In fact, about 10 days ago we tagged all the comments that were never CALLED by our office.
Again, I appreciate your response.  I know as a responsible business woman it is of the upmost importance to maintain both your integrity and dignity.  Oh, and before you write “I take it you decline my offer to explain your side of the story and prefer to blackmail...” Give me more than 50 minutes to respond – I do work too sometimes!

Ray Anchetta

Bad reputation. Have no professional experience and no leadership or market knowledge. Too much focus on recruiting and no focus on skill building. Everyone wants to recruit so their recruits can set appointments for them. Limited amount of products. In their training they outwardly promote recruiting stooges, just to get their "list" of warm market, and they don't care if that person quits or fails (as they always do), as long as they get that persons "list" first.

While a Primerica rep has yet to cross my path, I am commenting here as is my federally protected right and as permitted by this site's terms of service. You keep harping on the appearance of comments from people your office has never heard of ..... and this is something you can apparently divine in the absence of actual legal names and addresses. I will not speak of Primerica as though I have firsthand knowledge of its practices, nor would I, with or without the controversy which hangs over the firm. This will hopefully satisfy your criteria for people you, a non-site administrator, personally feel are qualified to contribute to Primerica discussion threads. I *can* talk about experiences I've had in commissioned sales. Different names, different products, but similarities in my story and of those reporting on Primerica are striking. It starts out with big-dollar promises for the "motivated". A couple of managers with firm hand grips turn up the flattery and paint a picture of all the trophy goods you'll be buying in a few months when you've seized your dream. They don't seem at all concerned for your actual aptitude or professional background. In fact, they make this dazzling offer to anyone with a pulse and a good pair of shoes.Then comes an intensive "training" period which is really just glorified orientation, teaching very little. They make you an "independent agent", yet enforce your dependence on the home office with yet more dubious "training" and cheerleading meetings, keeping you generally on a short leash. You're told to ignore people who question your new pursuit, because "THEY" don't understand how the "real world" works. You endure this because the product is actually very good and unique, and should halfway sell itself. You spend a ridiculous amount of time and fuel finding leads while scoring few if any real sales. This of course is always the greenhorn seller's fault, not the fact he was sent out to the street without being taught the job. Despite your miserable performance you are given new trainees to work the field with, who just joined maybe two weeks behind you, and you're told you have to be their sherpas. A cycle forms of browbeating and cheerleading from management, your deepening poverty from lack of sales, and a constant influx of new employees who are illiterate, or have stage fright, or who are otherwise completely wrong for the job and sabotage everyone who really wants the work. This continues until you self-destruct from exhaustion or finally wise up and leave the handcuffs of promise for some other victim. On your way out they're still trying to convert you away from a rational decision with emotional arguments. They react with rehearsed surprise, call you a "quitter", yet praise your hard work and "keep the door open". In reviewing comments for and against your firm I can hypothesize if not conclude that all of the above disadvantages to commissioned sales at dysfunctional companies are shouldered by the Primerica reps, then turned up another ten points on the Annoy-ometer. Detractors of Primerica speaking from their own experience often have richly detailed stories, the kind which are difficult to fabricate. Often their author's voices are not shrill and come from a posture of reason and a willingness to work hard at a worthy goal.Meanwhile, supporters of Primerica show a consistent disdain for those people, their former brothers and sisters in the labor force. From their view, anyone who parachuted away from a plane with clipped wings was obviously lazy and stupid, needs to "grow up", "smell coffee", and other bullying cliches. Then they beat their breasts and laud Mother Primerica for its annual earnings, number of office footprints, and business affiliations, like somehow that will directly help all the skilled talent going unemployed. In short, I believe the former sales reps a lot sooner than I believe you and your shill patrol, especially given that your own response to the conflict has been more of the same juvenile sputtering and denigration, seen dozens of times before from guardians of fruadulent businesses. Maybe we skeptical types don't understand how your world or "the real world" works, but you and your kind understand even less how the internet works. Negative comments appear, in your words "numberous times", because caring and distinct and geographically separate personalities put them there simply to help others. There is no conspiracy, no star chamber for the disgruntled.You complain repeatedly in all caps that people have beefed whom your office "DID NOT CALL". Well, plenty of commentors in this thread do claim to be call recipients, apparently not given the benefit of transparency. One is not required to be a call recipient through a single given phone number to contribute here. One *is* prompted to submit accurate reports, and sometimes good collective knowledge must come from persons without a horse in a particular race. The whole point of these caller sites is to help identify callers AND their motives for placing calls. If those motives prove innocent, the callers have little to worry about from negative remarks. Readers can in fact and should make up their own minds.You of course discourage such independent judgment, and prefer to strip comments of their context. The person from May 2011 who you find objectionable because s/he "couldn't resist throwing in [an] opinion" said in the very next sentence s/he "had been involved with Primerica full-time for about 2.5 years." You're quick to deny affiliation with a job hunting site (per "Scammed" from 12 Sep) but have nothing to say about business practices which sound poised to destroy that woman's husband and her marriage. Perhaps you personally never set foot in Missouri or met any young man like "Punch", but surely you don't meet with each trainee yourself. Isn't that what all the manic recruitment is for?You act as if censoring one mystery caller site will be enough to solve your problem. Multiple sites in many directions echo this conversation. You fuming reputation repairmen throw hissy fits the moment you realize you have no tight control over your message in this medium, as you enjoy in broadcast and print. The pipes here carry flow in TWO directions and content can irrigate many fields beyond its source; the sooner you embrace that fact the better your relationship will be with visitors to the virtual town square.You might have had a more constructive response than pointing blaming fingers at the victims and making threats you can't seriously carry out, but you insist on playing the wounded bird. The fact is, you were given an olive branch here, and you slapped it away. The animosity against your firm will only grow, not shrink. Whatever happens next in your campaign of spite will be all your doing, and please don't expect your fractured logic or your toady lawyers to help.