Re: FORGET A MESSAGE BOARD AND DO YOUR OWN RESEARCH!!

Subject: Re: Re: FORGET A MESSAGE BOARD AND DO YOUR OWN RESEARCH!!

Comments:
: : forget what people say, go do your own research. : That's a contradiction. Anything one reads anywhere about anything is written by a person. : :anyone can post messages on the internet and make up an anti-primerica sites, but you can't make up the industry ratings. : industry ratings only reflect the company's "ability" to pay claims, not their willingness to pay them. In fact, the fewer claims a company pays, the better will be their industry rating. here's a case where a PFS rep neglected to get the client to sign an insurance application. not wanting to embarass himself by going back to the client for a signature, the agent signed it himself. PFS contested the claim when the client died. http://www2.state.ga.us/courts/supreme/ca981109.htm#Primerica : :don't trust a website, : Even the FTC has a website. In fact, at THEIR website, you can read about the predatory lending charges brought against the companies Primerica refers its clients to. http://www.ftc.gov/opa/2001/03/associates.htm : :trust printed material written by the professionals in the industry. : Why? What makes you think they are always right and message boards are always wrong? Very naive of you. : :if you do any research at all you'll see that "buy term and invest the difference" has been around a lot longer than primerica. : Soap has been around longer than Amway. So what is your point? I wouldn't buy soap from Amway, and I wouldn't buy anything from PFS. : :go get a book called FINANCIAL SELF-DEFENSE or WHAT'S WRONG WITH MY LIFE INSURANCE and don't answer this message until you do! then after that go check and see who is the #1 company in the world as far as assets are concerned. : Tell me what you think having big assets means to you? What does it prove? Anyway, according to the year 2000 financial report from Citigroup, Primerica didn't do all that well. Half a billion I think it was, in gross earnings, and down 40,000 reps from 1998. : : :then go and check out the fact that pyramids are illegal and then tell me how the largest company in the world can get away with that without someone finding out. : Primerica is MLM, not pyramid. But like all MLMs, it attracts those who are attracted to pyramids, since they are so similar. Kind of like these two clowns who ran their own Ponzi scheme using Primerica's MLM system as their cover. http://www.sec.gov/litigation/admin/3440269.txt : :thank God for the common folk!! after the federal government approved the merger of citigroup (primerica's parent company) i guess we should thank all those people who found something wrong with primerica that the federal government missed! : :You obviously have not read the merger transcripts. Read Panel 5 of the merger testimony and then tell me you think Citigroup was approved for this merger because it would be good for the consumer. LOL!!http://www.federalreserve.gov/events/publicmeeting/19980625/panel5.htm : : whew, i'm so pumped that the average joe can teach the government how to regulate business. : Beg your pardon? You're "pumped?" You have certainly been to too many PFS meetings. LOL. You're beginning to lose your personality and talk like the rest of the flock. So, give me the name of an average Joe who has taught the government how to regulate business. LOL! : :bottom line: go look it up on your own and you'll find the truth. primerica has nothing to hide. and if i were an insurance agent, i'd be shaking in my boots becuase one day the people in this country will find out who has really been lying to them this whole time. : So tell me, are you making the income that was suggested you'd make when you were recruited? Have your friends fallen and worshipped at the feet of the term insurance God like they said they would? Or are you making peanuts, like 98% of the PFAs? Are the only friends you have left, the ones in the company? I was with PFS for 14 months, and it was nothing but a string of lies from beginning to end. : :and when that day comes then we'll see whose right and whose wrong. : So far, the FTC has only laid charges against Citigroup's sub-prime lenders. What protects Primerica is that its agents arwe contractors. They foolishly agree in contract to assume liabilities that the company should assume. So when an agent goes out and uses the training he is given to entice people into joining the scheme, or giving up their current financial strategies, using the exaggerations and lies that Primerica RVPs teach, it is the agent who gets smacked by the regulators, not the company. Not too bright, these PFAs.

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