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
Aug 21, 2016

Horrible place to work!!!!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The only positive thing is they actually do give you professional experience when you are a new college graduate. You figure out fairly quickly this is not what you want to do.

Cons

You harass people all day. You are berated by your boss on every level. The company has been sued for discrimination. Do I really have to go on?

1.0
Oct 28, 2015
Recommend
CEO approval
Business Outlook

Pros

Only pro is that I don't work there anymore.

Cons

Horrible company to work for. No morals. Don't care about its employees. Management is horrible. Company breaks laws and is currently under investigation for predatory lending and also discrimination. Tower has so many bad employee and customer reviews online and has even started telling it's current employees to leave positive reviews even if they aren't true, so that the company doesn't look as bad. But it is. Tower Loan was also just forced to pay out past vacation time that it tried stealing. The company puts customers in as much debt as possible even when they know they can't pay and doesn't care about its customers. This company will not last. They don't care about your family and will do anything they can for a buck. Even if it means trampling on its employees. They truly have no ethics and was the worst place I have ever worked for by far, which is saying a lot because I have also worked for the government. Do yourself a favor and stay away. Also you can't use this place as a step to get somewhere else because they force you to sign a non compete agreement so that you can't go work anywhere else in the finance field for 2 years. This Company needs to be shut down, which is going to happen eventually.

1.0
Jan 12, 2015
Recommend
CEO approval
Business Outlook

Pros

None- they don't like for you to take off and expect you to bring in an excuse when you do.

Cons

The worse company I have ever worked for. They expect you to work your butt off and don't pay you! I would work over 40 hours a week and they didn't pay overtime, which is illegal BTW. A totally unrewarding job. Beware. They also cross the line of being unethical to their customers. Do not waste your time with these people. They are greedy and selfish. Don't ever expect you to take time off, even if you are sick! I wouldn't even give them 1 star. I wouldn't wish this job upon my worst enemy. I would rather work at McDonald's.

Viewing 10 - 12 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.