Residual 500 Review – Legit Or Scam?

Residual 500 ReviewHave you been paying attention to all of the hype for Residual 500?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for Residual 500 – I want to give you an unbiased opinion.

Is it a scam? Can you trust Residual 500?

Read all about it in my Residual 500 review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of Residual 500.

Let’s carry on.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

What Can You Tell Me About Residual 500?

With Residual 500, we’re dealing with an MLM entity that’s about as nameless as they come.

The official website for Residual 500 doesn’t offer any information in regards to who’s running the company, where it’s based out of, or when it was first founded.

I tried my best to look in every possible nook and cranny for this info, but despite this, I still ended up empty-handed.

The only data I was able to find is the fact that the domain for Residual 500’s website was registered on February 25 of this year (2017). Unfortunately, seeing as how the domain name was registered privately, I can’t tell who the owner is or where this registration took place.

Residual 500 Scam

Does Residual 500 Offer Any Products?

Moving over to the product line, Residual 500 isn’t marketing or selling anything to retail customers.

Affiliates for the company only have the affiliate membership to offer, and this means that there’s zero retail sales activity to speak of.

A setup along these lines usually means that you’re dealing with some sort of scheme or scam within the MLM underbelly, and that appears to be exactly what we’ve got on our hands with Residual 500.

What Kind Of Compensation Plan Does Residual 500 Have?

That fact is made even more evident when you look at Residual 500’s compensation plan.

Within Residual 500, affiliates are asked to pay a monthly subscription free in order to gain and retain access to a 2×6 matrix system.

This matrix system has positions filled through both direct and indirect recruitment of other affiliates, and commissions are paid out whenever you are able to recruit other people into joining.

Those commissions get paid over the course of 6 levels, with the exact breakdown looking like this —

  • Level 1 — Affiliates earn $1 each month per one position that’s filled (cap of two positions total)
  • Level 2 — Affiliates earn $0.50 each month per one position that’s filled (cap of four positions total)
  • Level 3 — Affiliates earn $1 each month per one position that’s filled (cap of eight positions total)
  • Level 4 — Affiliates earn $0.50 each month per one position that’s filled (cap of sixteen positions total)
  • Level 5 — Affiliates earn $1 each month per one position that’s filled (cap of thirty-two positions total)
  • Level 6 — Affiliates earn $7 each month per one position that’s filled (cap of sixty-four positions total)

Additionally, there’s also the chance to earn direct recruitment commissions.

Affiliates earn $1 for every individual that they get to join Residual 500, and this is paid down through five levels of recruitment.

What Is The Cost Of Membership With Residual 500?

If you’re interested in joining Residual 500, you’ll need to pay a membership fee of $18. By doing this, you’ll gain access to the 2×6 matrix system and all of the commission opportunities that come with it.

Should I Be Worried About A Residual 500 Scam?

Every business opportunity on the web has good reviews and bad reviews – so is Residual 500 really a scam?

Is there a Residual 500 scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Conclusion for Residual 500

As you can see, Residual 500 is nothing more than just another pyramid scheme in the MLM underbelly.

Affiliates join by paying a monthly fee, getting other people to join and do the same, and then earn money when they get more and more affiliates recruited into the company.

While this will allow Residual 500’s admin(s) to make a pretty penny and potentially some early adopters of the scheme as well.

Unfortunately, once recruitment activity dies down within Residual 500, most everyone will be on their way to lose out.

And, if you’re hoping to get a refund from any lost funds that occur as a result of becoming an affiliate, you’re out of luck here too.

As per Residual 500’s website:

“We cannot and will not allow any refunds.

The moment you make a deposit, you agree to our No Refund Policy and you agree to never request a refund as this would be a fraudulent act on your part and would cause us to sue you to the fullest extent of the law.

You are purchasing Non-Refundable Advertising credits.”

In short, Residual 500 will see its admin making some change, while most everyone else who gets wrapped up with the company might as well be throwing their money down the drain.

I hope you are finding the information in my Residual 500 Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of Residual 500, make sure you take the time to develop a marketing strategy.

And, my FREE training below will help you do that and make money!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind