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
4.0
Nov 5, 2022

Career!

Recommend
CEO approval
Business Outlook

Pros

Tower Loan is a great opportunity for a career and to build wealth for yourself. i am very happy with my salary and benefits ( 401k, profit sharing plan, monthly incentive pay, annual bonus, paid vacations and health insurance)! This company prides itself on hiring and promoting within. This is the place to be in your looking for a career you can grow with and build wealth for yourself

Cons

I cant imagine someone that wants a professional career and to build wealth would think working 50 hours per week is a con. 49 hours per week is Normal but then again, so are my big pay checks. No Cons there! I would the only con would be hiring entry level employees to train, but this is how the company has grown and become so successful. I am glad they took a chance on me and trained me to be successful as well.

5.0
Sep 26, 2022

Couldn't be more appreciative

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Perfect career opportunity that will allow you to build a future for yourself. Many opportunities for advancement. Upper management that wants to see their employees succeed.

Cons

Long hours (Tuesday, Thursday and 1/2 day Saturday) if you aren't meeting your goals. Staffing issues

1.0
Mar 11, 2022
Recommend
CEO approval
Business Outlook

Pros

Great schedule 8:30-5:30 with an hour lunch, Monday-Friday

Cons

Ridiculously low, managers refuse to do any work, zero accountability for managers from supervisors, they refuse to acknowledge people that have requested no calls and force you to call them, they frequently delete debt to make it legal to approve loans when a customer's DTI ratio isn't approveable, constant cold calling to generate loans, prey on the elderly and keep them in a vicious debt cycle, and sooo many more things.

Viewing 106 - 108 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.