Even before the Covid-19 pandemic households were struggling to make ends meet with two incomes. That is the reality of living in the United States in the new millennium. Since the shutdowns, Americans are now more concerned about their finances next to only their health. As a result, the financial services industry is one of the few on an upswing. When you combine the need for more income and concern for personal finances, financial MLM companies are an attractive option.
Financial Education Services MLM
One of the MLM financial services companies that have seen record growth since early 2020 is Financial Education Services (FES) based in Farmington, Hills, MI. Founded in 2004, FES has independent agents around the United States that sell their flagship financial services suite called the Protection Plan.
The Protection Plan has 14 services that help consumers increase, monitor, and protect their credit scores. There is an education component to the Protection Plan along with services that help people with budgeting, savings, debt payoff, and estate planning. The Protection Plan is marketed through a sister company, United Credit Education Services (UCES).
United Credit Education Services saw its customer count grow by 140% in 2020. And Financial Education Services increased the number of Agents by 125%.
Unlike many MLM companies, FES encourages its Agents to market the Protection Plan to customers as well as recruit other Agents to grow their team. As a result, 70% of the Protection Plans have been sold to customers only.
The Advantages of Financial Services vs Products
Financial Education Services and United Credit Education Services offer people the opportunity to earn extra income by helping others in their family and community with much needed financial tools and services. These tools and services are delivered through an online account provided to each customer. Therefore, while many companies that sell products suffered from supply chain problems in 2020 and into 2021, UCES was able to deliver their Protection Plan services instantly with no hiccups at all.
Another advantage to people joining FES to earn income as an agent is that there is no inventory required at all. Agents simply enroll customers online and are paid each week for the services sold the previous week.
The Growing MLM Financial Services Market
According to badcredit.org, 34% of Americans have less than good credit. MarketWatch claims that between half of workers making under $50,000 to 74% of all employees are living paycheck to paycheck. And almost 3 in 10 adults have no emergency savings at all.
Therefore, there is a huge and growing need for Americans to earn more money. And a major problem with consumer credit scores and their ability to manage their finances. This makes for perfect timing for financial MLM companies that offer a work from home, part-time business. However, many have turned the opportunity with FES into a full-time career.
Watch this Video by Dale & Shirley Guiducci
to Learn More About the Business Opportunity
Learn More About FES and UCES
Learn about the MLM financial services business opportunity by visiting Financial Education Services MLM
To learn about the Protection Plan Services offered visit UCES Protection Plan
To discuss this opportunity with 9-year award-winning veterans of Financial Education Services, Book a Phone Appointment with Dale & Shirley Guiducci.
More Articles about MLM & Financial Services