While many companies are dealing with the mortgage crisis because they gave bad loans to people such as interest only or adjustable rate mortgages and putting people into bad debt, Primerica continues to stand strong by giving only fixed rate get out of debt loans. Primerica could of offered the bad loans that the rest of the industry was giving and that would of increased business sales. But there is always a cause and effect. If you get greedy, people will get hurt. Now these companies are facing financial troubles and some even filed for bankruptcy.
If you are a Primerica agent, you are in the right time at the right place to find people who are about to lose their homes because of increasing interest rates and increasing monthly payments. You can help someone refinance and put them into a debt elimination plan. You know that Primerica loans are unique because its the only loan that have a equity builder plan that is free to the client. The equity builder is what gets people out of debt sooner.
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1 comment:
Hi,
Your blog is great, very helpful. I was wondering though I read on wikepedia about a new term life product from Primerica. I have a life insurance plan from Primerica already, but I am curious about the new Custom Advantage term. Can you give me an idea of what it is? Thanks!
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