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Don't EVER get involved with this "company."One of my friends recommended me to meet with her cousin and see what I can do to improve my business. I meet them yesterday and set an appointment today to see how this is works.

Somehow today they push me to bring more people (at list 25) and provide their information to see if they can be cached...long story short I ended up with paying $100 with my card and $30 cash (nonrefundable cash I think because this company doesn't have any rules and regulations book there are Bol***), and pushed over a rush schedule. Only at home I rethink, read their "bible" (which casted me $30 cash), and I realized that how can a company make money by bringing in new workers? Or why should I give them my friend's information (with their phone numbers and names) if they don't have a simple rules and regulations like any other companies do???

More I though, more I realize that this is a nonsense. I stopped my card and learned my lesson; this is very well set up trap for today's hard life, and you must be really smart to see it at first glance.

Monetary Loss: $130.

Location: Irvine, California

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Guest

IF YOU THINK THE SYSTEM DOESN'T WORK FOR YOU, THEN DON'T DO IT. YOU DON'T HAVE TO BE BITTER AND SO UPSET ABOUT THINGS THAT DID NOT WORK FOR YOU.

JUST MOVE ON TO YOUR NEW JOURNEY. GOOD LUCK TO ALL OF YOU PEOPLE.....

Guest

I work for wfg and I love it and I'm making money.

Guest

Yes, it costs money to start ANY business, and to obtain ANY license.

$100 --> for a thorough background check because they're responsible for handling other people's money sounds reasonable.

$30 --> to pay for an online course towards a CA. State license makes sense. This course is an educational tool towards taking the State exam and includes the laws, regulations, and the ethical considerations involved with Life Insurance & Annuities. It only gives you the qualification to take ONE of the State exams. If you want to help families with other types of policies, there are other courses & exams you can take, and other licenses to apply for.

Whatever course you take qualifies you to take the State exam for that license --> then you have to pay to take the exam (& pass it, of course!) & have the Livescan (fingerprints) done so the gov't can check you out before you are allowed to apply for your license.

Anyone who owns any kind of Calif. State license knows this is the way it's done.

The insurance companies are regulated by the State of California & the Office of Administrative Law. If any agent or company does anything illegal/unethical, they are answerable to the law like everyone else.

Having said all this, it makes sense to check out a company you don't know before you do anything with them. If you don't understand something, ask questions until you get satisfactory answers. Maybe talk to a successful member of that company & get specifics re: employment & method of payment.

If you aren't sure about dealing with ANY entity, tell them you have to think about it for a few days; don't act impulsively on the spot; and don't succumb to the pressure at the moment. Would you buy a used car from a guy in an alley? Probably not. But even honorable companies could have pushy salespeople who don't know how to deal with cautious consumers. It's natural to end up with "buyer's remorse" when you rush into something too quickly.

And NOBODY knows all the answers!

Guest

Seriously clueless and confused "complaint."

World Financial Group (which doesn't loan money, by the way, nor does it call anyone 15-20 times a day...that's a whole different company) is a marketing arm of Transamerica Insurance and Transamerica Financial. There are more $100K earners at WFG than at any corporation in America, but the complainer says, "this is very well set up trap for today's hard life, and you must be really smart to see it at first glance." If you see the potential to earn $100K and up as a trap, you certainly need to be smart enough to run the other way. :roll

Guest

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Guest
reply icon Replying to comment of Guest-580769

Is that all you can comment about? What a time wasted by typing in all those question marks.

This is what America is becoming. Amazing!

Guest

Greg, there is a difference between world financial group and world financial corporation. Get your fact right before commenting on this post.

Otherwise people will think of you as ***. World financial group does not loan anyone money.

Guest

Shawn, there is a difference between world financial group and world financial corporation. Get your fact right before commenting on this post.

Otherwise people will think of you as ***. World financial group does not loan anyone money.

Guest

You need to keep in mind that every office is different (Like owning a McDonalds or State Farm Agency), there will be good and bad experiences and you cannot blame the entire workforce for your experience.

What this company does for families is important, and the education we provide to people that are financially uninformed is powerful.

As for the cost to join- its comparable to becoming a real estate agent or hairdresser- you need a State License in order to conduct business. The cost is for background checks (as we are in a highly regulated field and dealing with people's money), and for access to website and marketing materials. The cost also goes towards your education course and licensing so yes, there is an up front fee to have YOUR OWN business as you are not working FOR someone, but WITH other trained associates. If you were to open a restaurant your start up costs would be much much greater in comparison to the start up cost in starting your own Financial Services business.

Please keep this all in mind before you knock an entire workforce or dedicated individuals trying to win for their families and the families of others.

Guest
reply icon Replying to comment of Guest-560154

If your company is so highly regulated, why your pepople/agents are using a tile Independent Insurance Agent,and when you go to CA Insurance Dept there is no record of such person? In CA your record information are available to the public...

Guest
reply icon Replying to comment of Guest-560154

I ABSOLUTELY HATE THE FACT YOU PEOPLE AT TRANSAMERICA TELL PEOPLE THEY ARE STARTING THEIR OWN BUSINESS. ***.

You clearly know nothing about starting a business. Since you have your own business im sure you have the right business license for your state, however you filed your corp, your EIN number.... o h wait you dont have any of that because you are a mindless pawn for someone elses business 24/7. They dont have to pay employee taxes, they dont have to give you benefits, no payroll, and if you defend them you are their perfect sheep.

You are contracted as providing a service to them. Hence the 1066 return(REMIC, meaning not your business).

And they pay you nothing. Remember that, Transamerica Pays you absolutely nothing.

Guest
reply icon Replying to comment of Guest-612531

Narrow minded or what? Get the fact man!

Guest
reply icon Replying to comment of Guest-612531

Preach on Brother!

Guest

They have called me everyday whether you are current or have available cash. It's frustrating when u live with other people

Shawn

Guest

Just got through being employed as a manager in a new branch. The stuff they forced us to do: loan some one 256.00 and get one payment then renew or refresh loan for a little higher and 3 times as months and interest. Can't believe stock exchange allows this

Guest

Just got through being employed as a manager in a new branch. The stuff they forced us to do: loan some one 256.00 and get one payment then renew or refresh loan for a little higher and 3 times as months and interest. Can't believe stock exchange allows this

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