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      Tower Loan

      Engaged Employer

      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

      Ratings by demographic groups

      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
      1.0
      Nov 17, 2021

      Worst Place I've worked for

      Manager trainee
      Recommend
      CEO approval
      Business Outlook

      Pros

      None. There are no pros... unless you count a paycheck

      Cons

      They ask you to lie to borrowers to scam them into insurance on loans. You are made to lie and say the state sets the interest rates on loans- the company does. Sliding pay scale means you get paid less and less per hour after 40 hours, and they will try and force you to work over significantly. Constant cold calling. You get in trouble if you aren't able to force someone into a loan they neither need nor want. If you tell customers that insurance is optional (which it is!) they will threaten your job. Management and Supervisors are crap and they have an absolutely horrific turnover.

      1.0
      Sep 29, 2021

      TERRIBLE

      Branch manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Let me think, NO PROS!!!

      Cons

      Everything about it. From the terrible work environment, supervisors, a few directors who recently past 3 years were lucky enough to get put in the position they are in. Horrible place to work. High turnover rate and the only reason they have a few long time employees is the money they are paid. No work\life balance what so ever,

      1.0
      Sep 9, 2020

      Keep Scrolling, Dont do it, do not work here. Beware.

      Manager trainee
      Recommend
      CEO approval
      Business Outlook

      Pros

      I Cant think of any.

      Cons

      Pressure, Stress, Long hours, No Work/Life Balance. No sick days/personal days allowed. Call out sick or leave early and your job might be threatened. My mental health was declining. All other employees didnt want to be there either. Depressing environment. If you have a degree, you can do better. If you do not have a degree, you can do better. If you have a heart, you can do better. If you have ANY dignity at all, you can do better.

      Viewing 52 - 54 of 452 Reviews
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      ReviewsTower Loan 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.