Tower Loan - meh | Glassdoor
There are newer employer reviews for Tower Loan
There are newer employer reviews for Tower Loan

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"meh"

Star Star Star Star Star
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook
No opinion of CEO

I have been working at Tower Loan full-time (Less than a year)

Pros

they are good at what they do

Cons

they are good at what they do i'll say it again

Advice to Management

chill out

Other Employee Reviews for Tower Loan

  1. Helpful (1)

    "Not a job for everyone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager Trainee
    Former Employee - Manager Trainee
    Doesn't Recommend

    I worked at Tower Loan full-time (Less than a year)

    Pros

    They offer a decent salary, once you are promoted to manager.
    Bonuses received as a manger can be pretty good.

    Cons

    Their focus is to make a profit by preying on low income, bad credit individuals.
    You have to collect loans door to door.


  2. Helpful (1)

    "Former employee"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    I worked at Tower Loan full-time

    Pros

    Well, I guess it is a job. If your back is against the wall go ahead and apply. But I'd look elsewhere.

    Cons

    First off, it's obvious that these "reviews" were written by upper management to boost their rating on here. I was a Trainee at a branch with a bad manager with very high delinquency. This makes for a borderline impossible training environment. I wasn't reimbursed for mileage most of the time after going 300 miles or more nearly every week chasing clients. Employees are threatened in the store and in the field by disgruntled customers. I was told to expect to work 42 or 43 hours a week. That never happened unless there was a holiday. Upper management tries to use scare tactics on their workers. And don't get me started on the solicit policies. They encourage loans that they know the customers won't be able to pay back.

    Advice to Management

    Quit trying to lie to employees.

There are newer employer reviews for Tower Loan
There are newer employer reviews for Tower Loan

See Most Recent

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