- Report: #120166
Complaint Review: Primerica Financial Services - Duluth Georgia
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Primerica Financial Services
www.primerica.com Duluth, Georgia, U.S.A.
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Primerica Financial Services ripoff fake claims Duluth Georgia*UPDATE: Primerica gets a POSITIVE rating from Rip-off Report in customer support & satisfaction. Primerica pledges to resolve complaints from the past, present and in the future, and give 100% commitment to customer service-say Company Executives!
I had a primerica rep come to my house with a friend and talk to me about my financial condition. They made claims that they might be able to get me out of debt in 20-25 years, house and everything instead of the 30 years I have left now. He said this might save me as much as 30k in interest. The agent also said that they could potentially show me how to get double the life insurance I curently have for about the same price I'm already spending, and how to have at retirement potentially 200k more than I'm on pace for now.
Well, when this big claiming agent came back it was not even close to what he orginally said. First of all the loan he showed me how to pay off everything in 12 years saving me 78k in intrest, not the 20-25 year plan with 30k interest savings he said he might be able to do. On the insurance side He should me how to get 4 times the coverage I have now for $22 a month less than I'm already spending. And with mutual funds he showed me the numbers on how to have over 600k more at retirement than I'm on pace for not 200k like he claimed. I just think when these agents make claims like this they should deliver on it.
Needless to say I implemented everything the agent recomended but I'm upset because I'm now going to be the odd ball with all my friends. They are all buried in debt, savinging no money, and paying way too much for their life insurance. I'm going to stick out like a sore thumb. What am I going to tell people when I don't have a mortgage payment in 12 years. I thought I would spend the rest of my life being broke like all my friends and Primerica totally ruined that for me. Thanks alot!!!
Bill
spokane, Washington
U.S.A.
Well, when this big claiming agent came back it was not even close to what he orginally said. First of all the loan he showed me how to pay off everything in 12 years saving me 78k in intrest, not the 20-25 year plan with 30k interest savings he said he might be able to do. On the insurance side He should me how to get 4 times the coverage I have now for $22 a month less than I'm already spending. And with mutual funds he showed me the numbers on how to have over 600k more at retirement than I'm on pace for not 200k like he claimed. I just think when these agents make claims like this they should deliver on it.
Needless to say I implemented everything the agent recomended but I'm upset because I'm now going to be the odd ball with all my friends. They are all buried in debt, savinging no money, and paying way too much for their life insurance. I'm going to stick out like a sore thumb. What am I going to tell people when I don't have a mortgage payment in 12 years. I thought I would spend the rest of my life being broke like all my friends and Primerica totally ruined that for me. Thanks alot!!!
Bill
spokane, Washington
U.S.A.
1 Updates & Rebuttals
KENNETH
OOLTEWAH,Tennessee,
U.S.A.
It's Your Own Fault!
#2Consumer Suggestion
Mon, November 29, 2004
Hey! You! It's Your Own Fault! It is You who decided to not Own Whole Life, or, Universal Life, or, any of those other Products. You could have chosen to Continue being Duped by those 'Cash Value' Insurance Plans. But, No, You Chose to go with One of those Primerica Guys! They Sold You on "Buy Term and Invest the Difference" Didn't They? Now You have to Settle for Reaizing 'Who Knows How Much More' Return on Investment, Because You Chose to Go with One of those Primerica Guys. It's Your Own Fault! Don't Blame the Traditional Whole Life, 'You Bet Your Life', Insurance Agents! You are Probably Causing them to have to Choose something cheaper than Marble to line their floors and walls in their Skyscrapers! And it is Y-O-U who will have to deal with the Problem of being Out of Debt in Half the Time You Expected. It is Y-O-U who will Have to deal with the Problem of how You will Spend The Extra Thousands during Your Retirement. It---Is---Your---Own---Fault!
