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
3.0
Dec 4, 2021

Unsatisfactory

Recommend
CEO approval
Business Outlook

Pros

Pay is $100 above average per week than most of my past jobs.

Cons

Extremely stressful. Poor management. Company seems like it’s built on lies (saying you’ll be making a lot of money), and control (if we tell you to relocate to a new state tomorrow, you should thank us and report to new location immediately).

1.0
Dec 3, 2021

JOB

Recommend
CEO approval
Business Outlook

Pros

I finally got a new job.

Cons

Terrible place to work. They do not care if you have a family or anything if you not making loans you will show up to work one day and not have a job with no notice. I highly don't recommed unless you are single with no life at all.

1.0
Nov 17, 2021

Worst Place I've worked for

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.

Viewing 154 - 156 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.