Rip-Off Rating: 4 “snake oils” out of 5

What We Recommend Instead:

Take Surveys For Cash – It’s not going to make you rich, but it’s a good option to make some extra money from home. 

Don’t waste your time on a Multi-Level Marketing pyramid scheme. Cutco is a very poor way to earn an income or extra money.

We like methods that actually pay and that don’t involve you annoying your friends and family. Of course, it does take some work to fill out surveys, but at least it pays out. For this reason, surveys are our recommended method for making money online, and Take Surveys For Cash is a pretty good program we recommend.

 

How the Cutco scam works in 2016 (Updated):

Cutco sells knives. The knives are perfectly fine, but they are significantly overpriced. But it’s their sales tactics and promises of making $18 or more that’s just simply not true.

The way they promote their products is called “vector marketing.” Vector marketing is one of the new names for pyramid schemes that have popped up recently. Another name is MLM, multi-level marketing.

Here’s how it works.

1. You see an ad for an $18/hr easy job. Huge bonuses for top sellers. It seems like a great way to earn good money.
2. You come in for an interview. They tell you how you’re especially qualified and that they have selected you to join.
3. They tell you you need to pay around $100 to go to “training.” This is the first red flag.
4. In training, they explain that you need to contact as many of your friends as possible and sell them overpriced knives. “Cold calling” is not permitted. You simply have to annoy your friends and family. You will get a cut of the commission for each bundle of knives you sell. This is the only way you earn money with Cutco.
5. You start annoying your friends and family. You are basically begging the people that trust you most to buy overpriced knives.

You may not know you’re selling Cutco knives until you’re actually at the interview.

Many people have reported that they didn’t know they were applying to sell Cutco knives until they were actually at the job site for an interview!

The people running these sites are reportedly some of the scummiest people on earth. According to a former Cutco receptionist, the people working there were “comprised of the slimiest, most racist, sexist, assholes I’ve ever met.”

The reason is, these people are preying on young people, out-of-luck people, unemployed people, and people who believe in a vague job ad to make $18/hr.

Tips for spotting this “vector marketing” scam:

1. They promise you a high hourly wage with no experience necessary.
2. They won’t explain exactly what the job entails in the job ad.
3. They spend hours going over testimonials of other sales members during the job interview. If they’re spending a lot of time convincing you it’s a good idea, it’s not a good idea.

“I have an interview scheduled for Cutco. Should I go?”

Hell no. Just stay at home.

Again, if you want to earn some extra money, we recommend taking online surveys. Sure, it’s repetitive work, but at least it pays.

You won’t have to annoy your friends and family, and you won’t have to sell overpriced knives.