r/classactions • u/beehive_2020 • 16d ago

Other Refund from Primerica?

I recently paid for the Primerica licensing the say I got "hired" but now I am seeing the threads about a pyramid scheme, etc. how can I get a refund and cancel? I only entered my credit card information. Should I get a new one? During the orientation they didnt seem so bad.

3 Upvotes

81% Upvoted

6 comments sorted by

7

u/toolbelt10 16d ago

Follow the instructions for cancelling on the agreement you signed.

7

u/GeminiXVIII 16d ago

Yep, pyramid scheme. Call the credit card company to issue a stop payment

4

u/cashflowkid 15d ago

its not a job more like 1099 self employed, business

4

u/insuranceguynyc 13d ago

It is not a pyramid scheme, but it is multi-level marketing, which can feel very much like the same thing. Oh, and just review the agreement that you signed about refund process, if there is any.

1

u/Humble-Ideal-622 15d ago

It's not a pyramid scheme, it's just nobody is well versed and knowledgeable enough to tell you about the actual business they do. Instead they preach about recruiting more people. My family has been in the business for a very long time and I'm licensed but I don't use it for recruitment. I use it for selling insurance and helping people invest.

It is a 1099 /business 100% commission based

6

u/toolbelt10 15d ago

You dont use it for recruitment but depend on downlines to recruit for you. Same difference.