Is Tower loan a real company?
What is Tower Loan and is it legit? Tower Loan is a legit lender that has been in business since 1984. But there are a few red flags. While its website is secure, its privacy policy and terms of service don’t disclose the security measures it uses.
Who is the owner of Tower Loan?
Ed and Kate Clark
The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark. Under the ownership of the Clarks, Tower Loan brokers grew from a single office to 16 offices throughout Mississippi.
Can I pay my tower loan bill online?
Yes, by clicking Pay Your Bill, you will be taken to the page where you can enter your account information & pay your bill online. You will just access your account by verifying your First Name, Last Name, Birth Date, Last 4 SSN, & your 12 digit account number. We can also do this over the phone if you’d prefer.
Does Tower Loan do car loans?
Tower Loan also offers our customers sales financing and automobile financing.
Does Tower Loan sue?
Tower commonly sues borrowers and obtains judgments that allow it to continue to charge more than 30 percent interest, court records show.
Does Tower Loan pull credit?
Our Approach to Credit Checks We know that many Americans have had their credit score impacted by circumstances that were beyond their control. That’s why we work with our clients to determine what kind of loan would work best given their unique credit history.
How many locations does tower loan have?
230
Tower Loan has over 230 conveniently located offices in cities and towns through Louisiana, Mississippi, Missouri, Illinois, Texas and Alabama. Each is staffed with professionals who understand your needs and want to make the lending process easy and comfortable for you.
How do you get approved for a Tower Loan?
Application Requirements
- Applicants must be at least 18 years of age (19 in the state of Alabama)
- Must reside in one of the areas Tower Loan services.
- Must be employed or have a regular source of income.
- Must have a valid email address and a savings/checking account.
Does Tower Loan build credit?
These loans are paid off with monthly installments over a scheduled period of time. These can even be a tool for building credit to increase your personal credit if payments are made on time. Tower Loan offers both secured & unsecured personal loans, depending on what the consumer qualifies for.
Is Tower loan a secured Loan?
Does Tower Loan drug test?
Does Tower Loan have a drug test policy? Yes they will send you an email to go to a place for a urine drug test.
How long does a Tower Loan take?
Normally, if you apply within business hours, you can expect to hear a decision on your application within just minutes! Tower Loan is one of the few consumer finance companies to have the capability to make an online loan!
How long does Tower Loan take to deposit money?
After the local branch completes the verification process, you can expect your loan proceeds to be deposited into your bank within 72 business hours, excluding any federal holidays.
Can you get a loan over the Internet?
Online loans are a convenient and fast option for borrowing money. These loans typically have annual percentage rates between 6% and 36%, and amounts range from $1,000 to $100,000. Some online lenders work with fair- to bad-credit borrowers (FICO scores below 690).
How long does a tower loan take?
How do you get approved for a tower loan?
Can Tower Loan sue me?
“It’s very, very common at Tower Loan.” For many borrowers, the cycle of debt ends with a lawsuit – and more profit for Tower. Tower commonly sues borrowers and obtains judgments that allow it to continue to charge more than 30 percent interest, court records show.
Does the city of Philadelphia drug test?
Philadelphia is not the first city to enact pre-employment drug testing restrictions, and will likely not be the last. As of May of 2020, New York City prohibits most City employers from requiring prospective employees to submit to marijuana drug testing as a prerequisite for employment.
What will happen if you don’t pay online loans?
Defaults generally can have a negative impact on your future borrowing. When you fail to pay your EMI on the online loan, the lender will send you an intimation about the amount due to be paid. You can then repay the loan with a penalty as prescribed by the lender.
What happens if you fail a drug test in PA?
The act of evading or causing deceitful results in a test for drugs constitutes a third degree misdemeanor in Pennsylvania. A positive drug test or refusal to undergo testing for controlled substances, as required by the employer’s established substance abuse policy, is classified as “misconduct”.