Tower Loan Reviews

If you can try and borrow money from family, friends or co-workers, that would be your best bet. Reason being Tower Loan is not a place you want to do business. My husband and I each have a loan through them. He had his loan almost two years before he lost his job. He never missed a payment and he was out of work for about 8 months. They didn't care though I paid what I could afford to on his because his note was much higher than mine. I tried telling them that he was out of work and I was the only one paying bills at the time, along with taking care of three kids. He finally got him a job and when Tower Loan called, he told them he just started his job and they hold out a week so it will be two weeks before he gets paid. But as soon as he does, he's going to bring by some money. They asked how much he could bring and he said he was not sure, because he doesn't know how much his check will be.

This is the second time Bad Business ** Tower loan sued me when I had already paid. Their employees, Glen and Suizaane, told me to pay them off. They treated me like a dog. On the day of court, they dropped the suit. I had to miss work without pay. Later that same day, I continued to get phone calls from them. They told me they were going to sue me and they did. This time in court, they want to make an agreement with me. I paid a $130 all but $15 went to interest. No one has anything good to say about them. I've been a customer since 2008. In 2010, they called the police on me for wanting my money that my husband overpaid on my payoff back. A little kindness and understanding goes a long way. People sometimes have problems.

I am letting you know that if the Tower Loan Company rips you off, call or contact one of the agencies (BBB, State Attorney General and State Insurance Commission). They put insurance on your loan that costs almost as much as amount loaned. They harass you over 10 times a day if you are late and they commit fraud on a regular basis. If you have a problem, they are discourteous and rude. Also, tell all you know how bad they are.

Tower Loan is a rip off! Not only do they charge the absolute maximum interest on anything borrowed, be very careful, they stick you with additional insurance and a rental car agreement when you sign up. Don't ever be late, they'll try to repossess on what you've put up as collateral. Stay away from these people like the plague.

Tower Loan’s employees don't know how to talk to customers. They lie to you and charge you for things you don't agree to. They "never received" a payment from me supposedly, but that was the only time I paid with cash. They call all numbers on your application and inform them about your status on your account, which is illegal as no one should know anything about your account - that's for them to discuss with you and you only. When they speak to you, they are beyond rude and interrupt you when you’re trying to talk to them. They even went as far as threatening to come up to my work; therefore, when this loan is done with, I will never have another one with them. My loan that I have now stated it was interest-free for 12 months, but I'm being charged interest daily and they can't fix it, so they say. Therefore, I will tell everyone that if you’re thinking about taking out a loan, do not use Tower Loan!

Every loan you get, they tact on extra fees for the car - the car e-club that you don't want. I got a loan with them and got behind on it. I've been struggling. Tower Loan garnished my check, for about $700 a month on a $125 a month note. I'm not upset about my garnishment. It is my debt, I owed it. In the meantime, I've made over of about $250 and they won't refund it. Don't use this company, you will be sorry.

I borrowed $1,000.00 in December of 2011 with payments of $125.00. I tried to pay off today and was told that the payoff was $1,681.88. I have already made 7 payments of $125.00 and it will take until 2014 to pay in full for a total of $3,000.00.

They always add on more money to my bill. They tried to tell me I missed a bill so they could charge more money. They checked the pawnshop to see what I have pawned. How I came to know this is one of the workers told me to pawn my gun to pay the bill. And I said, "How do you know I have a gun?" She tried to tell me that I put it on my list for them to get if I don't pay my bill but like I told her, no it isn't. You went through the pawnshop without my consent. She said that they can do whatever they want whenever you owe them money. I just want to get this loan paid off and there won't be anymore.

It is a shame you can't rate this company with less than one star. They are so inept that it isn't funny. They leave messages that a one-year-old could do better. They whisper on the phone, leave threatening messages, and start calling all contacts if it goes 15 days late. Do not use these fools for anything.

My wife and I got a small loan from Tower. About four weeks later, we found it didn't cover auto repairs so went back in and added more. We were told it would be all combined and told what the payment would be. When I got the bill a few weeks later, it wasn't at all as quoted. I called the manager and he said he would get it corrected, just another lie from professionals. Instead of one note we now had 2, the original plus the new one. And if it is not paid on time, they start calling 10-15 times a day. Don't let it go past 7 days or they call the references and threatening them. What a lowlife company to deal with.

My wife and I went to Tower Loan, took out a loan of $2,500.00. My wife kept the loan for a week and then went and paid back in full the $2,500.00 minus the interest accrued by this time. And now, we have a letter in hand telling us we are to pay another $2,100.00 for the interest that the loan never accrued as we asked about a penalty of paying back early and there was not a problem. The manager explained there wasn't a penalty. Now, we are seeing there is a penalty or some kind of a big problem reading in to this letter and seeing we are being ripped off.

I received a prescreened credit offer from Tower - not even an application, but a check that when endorsed constitutes a loan agreement. We opted out (in writing) to the optoutprescreen.com several months ago. Tower Loan stated they could not do anything, that we would have to opt out to their office in Mississippi - and furnish our social security number - otherwise, if the information was not complete, they could not opt out for us. They said they had no way of knowing who opted out, as the offer came from the home office, P.O. Box 320093, Flowood, MS. They refused to furnish a phone number or person at that office to contact in regard to this. I am concerned about fraud, with my name on approved loans in the mail, and being demanded to provide a social security number to a company I obviously do not want to do business with! What good does it do to opt out with the credit reporting agencies, if lenders fail to honor that!

Tower Loan called. I talked to them and told them when I will make a payment. I made a payment on 4/19/2012 on furniture note. I told the lady I will make a payment on 4/22/2012 on the other note. She said she will note the account. On 4/21/2012, Tower called. I told them I had already told them I was coming tomorrow to make a payment. They called me 16 times in 10 minutes, from 6:03pm till 6:13pm. When this is paid, never again with Tower Loan.

I first got a loan through Tower Loan with a furniture store, then a few months later, I received a check in the mail from Tower Loan for $1,200.00 and all I had to do was cash it. Well I did and that was the worst mistake I have ever done and I have done some pretty stupid stuff. As time went on, we got behind and they said they could give us more money and that would catch us up. So we did a second mistake with Tower Loan. Of course, my husband's work has slowed down and we are having problems paying. For the last few months, Tower Loan has been calling and harassing us. I have been called a liar, accused of not really sending in payments and this month 4/12, I sent a payment for the furniture loan and they applied it to the big loan. On the money order, it clearly states furniture loan.

When we first applied for a loan in December 2011, in Hollandale, MS, 38748 at Tower Loan, the manager ** had an attitude when I first applied for the loan. I had to get ** told about her attitude and then she calmed down. Okay, today, 4/6/12, I came into the office to make a payment and once I made the payment I asked her what the payoff was. She had such a nasty attitude that I will never go into Tower Loan again.

We took out a $2,000 loan in July 2006. Our payments were $159 a month for 24 months. We were having trouble some months making our payment so they suggested we come in and refinance the $1,200 we owed to get our payments down. I believe it was summer of 2008, we refinanced, our payments got down to $119 for 21 months every month.

I was going to have major surgery in the summer of 2011. Tower Loan called and like a dummy, I took the bait to have cushion money to pay bills while I was off from work for 2 months. I told the woman what I was about to do and she told me to take out disability insurance and I would be covered for the two months that I would be off. Well guess what? I was denied the coverage, they rig it up to say I should have filed in March and took it out. The surgery wasn't until June! I had never been late with them in the whole time having them and I started to be behind. Every time I go in there, I ** and complain that they owe me two payment because your loan person was the one who messed up, not me. I wouldn't have taken it out if I would have known.

Tower Loan issued us a loan. Later, we increased it with the understanding that they would be combined (an outright lie). They gave us the new payment. Now, it's two payments. If you don't make it on the due date, they start calling 3-12 times a day. If it passes the grace period, they start calling your references, and telling them to tell you that your account is past due. What a poor quality company.

I took a loan, and I was told, I was good for more money. I called the office, and talked to a woman for 1 hour, and she told us we were good, and the loan would decrease in payments each month. I went to the office, and talked to a man, who turned everything talked about in the phone conversation, an outright lie!

Tower Loan loaned me about $1000. I ended up paying $5000 back. That is not right. God is looking down on Tower Loan companies. The people need good loan companies. I hope I never went to Tower Loan again, sorry for the people who do.

I have loans with you for 3 to 4 years. This is the first time the Pearl, MS branch has called me the day my note is due. But I thought I have 15 or 10 days left before it's late. Then, they wanted to know what time I will be there. I have never been late and never will be. But soon I pay you off $500.00 left, I will never borrow money again from Tower Loan.

Reliable Finance charged me $99 for a motor club membership with Continental Motor Club last year when I got a loan. I discovered it six months later when I was renewing this loan when they tried to charge me a second time for the same motor club.

I continue to get mailings from you. You have taken my name from a credit agency without permission from me. The credit bureau you used has my first and middle name backwards; and that is how I know you received my name without permission from me. Do not send any more mailings, and do not check my credit score.You have no business in doing this, ever. AB **

I have been dealing with this company for years and yes, they do call if you are behind. But if you are not a deadbeat and pay your bills and fulfill your obligations (which you had to go to their office and agree to meet), they will not bother you. They do not come beg you to take their money; you go there and now you feel that there is no reason to pay back your debts. This is the problem with society now, it is too easy to run from your problems and not take responsibility.

This company calls my phone and work phone several times a day. They've even shown up at my house. I cannot get voice mails because they consistently fill my inbox up all the time. They will not provide me with information pertaining to my loan. I've asked them for statements showing me my payoff balance, interest accrued, and my recent payments reflected in the balance without any success. They took me to court over the matter. I wasn't available for court that day, so they automatically won the case. That added an additional $1,000.00 to my loan so they say, but no paperwork they provide me shows this figure. I'm an honest guy and I've never been delinquent on any loans prior to this company.

On Monday, July 12, 2010 Mike delivered a letter to my house during the day hours and nobody was home at the time he delivered. My back patio door was not locked and he opened the door and placed the letter on my kitchen table. I placed a call to the manager of Tower Loans (Larry) and told him that if this happens again, I will prosecute. Someone needs to put a stop to the way this loan company is doing business. They call me on my job all the time and act very rude when I tell them they are not to call me at work.

I received another call today from Reggie at Tower Loans. He was very nice and explained that a payment is needed by the 15th. I asked who the man was that contacted me yesterday and he states there is nothing in my chart that anyone contacted me. I asked who the manager is and he states his name is Larry. Larry is the one that contacted me yesterday, June 10, 2010, with threats of coming to take the vehicles on the loan. There is no vehicle on this loan. I tried to explain to him that my husband is not working at this time and we will get a payment to them as soon as we can. Reggie states that on June 13th we will be 3 months behind but states a payment was made in April 2010. I still do not understand their calculations of counting. Please someone have them to stop calling and harassing me at work before I lose my job and then we surely cannot make a payment. I am only paid at the first of the month. Thank you.

I have been receiving threatening phone calls from the Tower Loans out of Batesville, stating that I am 3 months behind but they received last payment in April, 2010. This is only June and that would be 2 months behind, unless this company uses a different math skill. My husband has been laid off and I am the only one in the household working at this time. My husband will return to work full time on June 21, 2010, but whenever I ask them to please not to call my place of employment, these people get very agitated with me.

Back on May 2nd they called my home 2 times. Once at 9:03 am and left a message; then again at 11:43 and left a message. My husband who has been a financial officer and a collector for 18 years called them. They refused to speak to him saying his name is not on the account. I gave permission back in January 2010 for them to talk to him only regarding. At that time I also told them no solicited calls. On May 24th I received not one but two letters in the mail from them. One stating, “Account past due, call immediately.” The other said, “Pay or get a law suit filed against you and pay for attorney fees also.” Mind you both letters were dated May 20th. My husband called them and spoke to Zak at 10:30 am on the 25th and was told they did nothing illegal and she will pay or get sued. Per FDCPA all the above is illegal and he filed a complaint with Fair Trade Commission. We are still waiting to hear from FTC. We have all documentations and wish someone would sue them.

I took out a small loan to buy my children Christmas because my husband and I were both in school. The loan was $1,000. I was late on my payment one time and they called me at least three times a day, if not more. They also started telling me that they were going to come get my appliances that I listed on my application.

Their manager, Ben, showed up at my home on 4/12/10 demanding I make a payment on a loan he alleges I have. Ben would not leave initially, and he only left after I informed him I was calling the Quincy, Illinois Police Department. Ben or his secretary at Tower Loan calls my phone number repeatedly and leave messages that have taken over my voicemail.

First, she sends me a nasty notice for 0.30 cents. I go in to pay it and tell her that I do not appreciate it. She could just have added that to next month’s account. At the time, I was going through some difficult times at home. I was barely remembering to pay the bills. She made it seem as though I was trying to cheat her out of a lousy thirty cents. She did not act professionally at all and I told her so. She was rude and nasty to me. After I paid my loan off, she kept calling me to renew it. I felt that she owed me an apology which I never received. I then tried to renew my loan and she refused. I always paid them off. I feel like she allows her personal feelings to interfere in her judgment. I went to another loan company which treated me better and thanked me for being a loyal customer. I feel she lost her company money due to her bad attitude. She also cost her company a good customer. I’d like her boss to knew these facts.