Tower Loan
Found 9 reviews / complaints

Tower Loan
Anitra Olive, Manager Very rude, unprofessional, harrassing, demeaning, demanding, ultimatums causing stress

Business & Finance _Anonymous28_ 0

This 5-year loan is due to run out the end of this year. The entire time has been a challenge for us to keep up payments due to the economy. Tried to secure Obama's loan modification plan. Tower Loan denied application and also denied a temporary stay of 60 days or even a balloon payment at the end ...

Tower Loan
Seniors and disabled beware: they prey on ss benefits

Business & Finance jammedupsenio 0

5 years ago I applied for credit to purchase an appliance ($850). The store used this company. This is how it started. I signed the contract and agreed to pay 28% interest fee on $1,200.1 week later I cashed a check for $1,000.00. I cashed it.interest fee rose to 32% I payed off the appliance early ...

Tower Loan
Loan

Miscellaneous lone5 0

My husband made a loan with tower loan. The next day i was looking at the loan agreement and found they had made a 600.01 loan into 900.00 loan. A closing fee 50.00, property insurance 91.27, public official fees 30.00. Ad&d insurance 73.01, car club 98.00 and document fee 20.00. They did not ...

Tower Loan
Tower Loan Mailed checks

Business & Finance Susan1673 0

Tower Loan is a rip-off loan sharking company. I financed appliances years ago through a local appliance dealer. Little did I know that Tower Loan actually was the financer. For years now, I have received pseudo checks made out to me from this company. The accompanying letter stated that all I ...

Tower Loan
They raise interest rate at second time loan without asking applied to total amount

Miscellaneous Maple 0

My husband veteran and senior. We borrow $2507.53 with 28.77 % interest rate, insurence et. Its total $ 3015.00. Exactly after a month they offer small amount we accepted they said same interest rate but wasnt. Second time actually we borrow $ 253.40 but paper shows, we borrowed $ 3311.42 with ...

Tower Loan
Annoying, rude, worst company ever!

Business & Finance LizzyLou1982 0

I financed some furniture through this company. It was supposed to be a 12 month no interest loan. The first trick this horrible company uses is: instead of taking the amount you owe and dividing by 12 they take it and divide it by 24. Then they do not tell you. I assumed. Never do this! On what I ...

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