Does Tower Loan pay their employees well?

According to anonymously submitted Glassdoor reviews, Tower Loan employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Tower Loan. This rating has improved by 1% over the last 12 months.

How satisfied are employees working at Tower Loan?

59% of Tower Loan employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Tower Loan 3.1 out of 5 for work life balance, 3.2 for culture and values and 3.7 for career opportunities.

What are the top reviewed jobs at Tower Loan?

Manager Trainee (90) , Branch Manager (69) , Manager (43) , Customer Service Representative (36) , Customer Service Representative (CSR) (23) , Branch Manager Trainee (9) , Management Trainee (9) , Supervisor (7) , Customer Service (CSR) (6) , Anonymous (5) , Senior Branch Manager (4) , Loan Officer (3) , Operations Supervisor (3) , Project Manager (3) , Assistant Manger-Trainee (2)

What are the pros of working at Tower Loan according to real employee reviews?

"Good pay if you're fresh out of high school or college and trying to find a career to give you a jump start" ((in 54 reviews)); "Great benefits ranging from 401k to company housing for vacations." ((in 30 reviews)); "The only thing that is good about this company is that you make pretty good money coming straight out of college." ((in 17 reviews)); "Good bonuses available to earn each month." ((in 14 reviews)); "Tower Loan is a great opportunity for a career and to build wealth for yourself." ((in 13 reviews))

What are the cons of working at Tower Loan according to real employee reviews?

"There can be long hours but with the right attitude and willingness it will change instantly." ((in 51 reviews)); "The bad manager frowns on having to actually train you and will be annoyed when questions are asked." ((in 24 reviews)); "Management is horrible." ((in 21 reviews)); "No work / life balance here" ((in 19 reviews)); "Long hours due to dq work which is easy to solve if you’re actually working your accounts." ((in 16 reviews))

What are the top reviewed Tower Loan locations?

Jackson , Flowood , Springfield , Saint Louis , Birmingham , Huntsville , Kennett , Mobile , Saint Charles , Baton Rouge , Lake Charles , New Orleans , Shreveport , Kansas City , Lebanon , Gulfport , Tupelo , Oakdale , Houma , Lafayette , Auburn , Montgomery , Champaign , Moberly , San Antonio , Batesville , Bruce , Carthage , New Albany , Waynesboro

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

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

Apr 19, 2020

Would not recommend

Branch manager

Recommend

CEO approval

Business Outlook

Pros

Only work here if you have no other option.

Cons

Company treats their employees almost as bad as their clients. They have zero respect for your well-being and will gladly ask you to break the law.

2.0

Feb 12, 2019

Good if you have no better options

Manager trainee

Recommend

CEO approval

Business Outlook

Pros

Decent starting salary if you lack education or experience

Cons

- Very poor work/life balance - Success is dependent on obtuse metrics

2.0

Jan 15, 2019

If you have no morals this job may be great for you.

Manager trainee

Recommend

CEO approval

Business Outlook

Pros

Their desperate for workers so it’s a good entry level opportunity into the financial services world, though you can hardly call it a service. The occasional good feeling of helping someone who’s credit and debt are so bad that you’re they’re last hope.

Cons

They feed on the low income. Take from the poor and give to the rich. Interest rates can reach almost as high as 50% with the average being between 32-42%. You have to throw away all your morals to do a job such as this. Pay for the amount of work you do is not sufficient, have to relocate to the middle of nowhere usually with your first promotion.

Viewing 55 - 57 of 452 Reviews

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Jobs at Tower Loan

Customer Service Representative

Customer Service Representative

Customer Service Representative

Customer Service Representative

Customer Service Representative

Tower Loan

Tower Loan reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Would not recommend

Good if you have no better options

If you have no morals this job may be great for you.

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Jobs at Tower Loan