Tower Loan reviews

3.5

63% would recommend to a friend

(452 total reviews)

Francis C. Lee

61% approve of CEO

61% positive business outlook

Tower Loan has an employee rating of 3.5 out of 5 stars, based on 452 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Tower Loan employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

452 reviews
1.0
Jul 29, 2016
Recommend
CEO approval
Business Outlook

Pros

Nothing don't do it their supervisors post positive reviews on here. Don't be an idiot.

Cons

Everything and everyone . Don't fall for anything they say.

1.0
May 15, 2015

Decent pay, soul sucking work

Recommend
CEO approval
Business Outlook

Pros

The atmosphere at the location I worked at was relatively laid back, and the pay was good for an entry level position (manager trainee).

Cons

The job involves encouraging people to take out loans with ridiculously high interest rates. I received a very quick explanation of the terms of the loan (mostly where people were supposed to sign and not actually what the terms meant) and was expected to explain those terms to our customers. I learned to ignore my conscience and push people to take out more money even when they were already way behind on their current loan.

1.0
Aug 12, 2014
Recommend
CEO approval
Business Outlook

Pros

Pros would be good benefits, hours, and compensation as long as you are in training.

Cons

During the management training process you are constantly belittled and mocked for your performance, even if it is much better than average. Upon promotion you are relocated (I was relocated 12.5hrs from my training office). Although at hire they tell you that you will be relocated, they also say "i've never had anyone moved out of state." If you are relocated to a low performing office, your pay is not worth the 70-80 hr weeks you have to put in. You are constantly cursed, threatened, and harassed by the poor people this company feeds on. You are told to stay overtime or that you will be replaced by one of the other 100 trainees waiting to take your place. They do not care if you have a family at home.

Viewing 28 - 30 of 452 Reviews

Glassdoor has 456 Tower Loan reviews submitted anonymously by Tower Loan employees. Read employee reviews and ratings on Glassdoor to decide if Tower Loan is right for you.