Tower Loan reviews

3.4

59% 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 3.4 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
5.0
Jul 17, 2016

A+ Job

Recommend
CEO approval
Business Outlook

Pros

excellent training so far, awesome environment, learning experiences. I wouldn't want to work anywhere else.

Cons

there are none. I haven't found a downside for working here yet.

2.0
Jul 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Okay pay. Coworkers are okay. Benefits are okay.

Cons

this company probably wouldn't function without their CSR's bc honestly they carry the heaviest work load and are paid the least. Management couldn't careless about your personal life as far as family and their needs. I've heard it said that Tower Loan comes first. Managers get annoyed and hang up in your face if you call in bc your kid is sick and needs to go to the doctor. If the manager is being fussed at by the supervisor the manager takes it out on the other employees. Vacation days and sick days are a joke. After working a year you have 13 "bank days" you have to use for sick and vacation days. God forbid you have kids and they get sick and you use all your days on that. Your pretty much not allowed to take off anymore for any reason after those 13 days are up. Then you have to work 5 YEARS to get 1 more bank day. Casual conversation between coworkers aren't really tolerated.. And then they wonder why office morale isn't good. All in all, the pay is pretty decent, more than minimum wage, and the benefits are okay but the general attitude of the majority of the company isn't the best.

5.0
Jul 12, 2016

Great Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great salary, great incentive pay and bonus structure, the company offers more time off than most other companies, for example, once promoted to management you get 13 bank days. At other companies it is very common to only get a week of time off after 1 year of service. The company also has 2 beach condos that employees can sign up to use (Gulf Shores after 1 year of service, Destin after 5 years of service). 401K with company match, also a Profit Sharing Plan that is separate from the 401k.

Cons

No doubt about it, that it is hard work. But nothing easily obtained is worth keeping long is what I was always told. We do our own collections, which some do not like, but Tower is up front with potential new employees (at least when I was hired)

Viewing 358 - 360 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.