I spoke to one of their managers just last week Thursday or Friday to be correct, I was roughly told the same thing. 90% contract to start as prodcution increases that can go up to 115% they are using telemarketing leads but I was told on 14$ a piece. Manager claims they are seeing a 25% closing ratio with these leads
Old American?
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I talked to them the other day and they did not mention the lead costs. I need to ask about that. They did say they had a great lead program, and the captive thing was vague. Which tells me they are captive.
I was paying $28.00 per lead in Chicago. The thing I didn't like is the card was very misleading as it was green and white and comes in a letterhead to give the client the impression it is from social security. More than half the people I spoke with thought that. Their application and underwriting is strong though. Not their lead program though.
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I am an Old American. I am sure there are quite a few others on this forum.
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