Choose a country
United States
Select a city
Select a city
Select language
Select country
Choose a country
United States
United States
Việt nam
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Apply for a Tower Loan's loan


How to apply


To be eligible to take loans in this company, Candidates must:

  • Be at least 18 years old (19 in the state of Alabama);

  • Live in one of the Tower Loan service areas;

  • Be employed or have a consistent source of income;

  • Have a valid email address and a savings/checking account.

Application details

The documents a customer should attach to the application include geographical location, credit score, monthly income, debt levels, and the financial history of the borrower. The verification process only takes a few hours, and if the application is rejected, it only means the candidate did not meet the requirements of the loan.

How to apply for a loan

Complete the application, verify your identity, sign, and receive your funds to receive this loan.

  1. Fill out an application online, call, or visit a branch near you. Some personal, financial, and employment information will be requested in order to provide an immediate decision on the loan application.

  2. Following the completion of the online application, the customer's identity will be verified, or the customer will be required to visit the nearest branch to have a loan specialist verify their identity, income, and collateral (if applicable), as well as discuss loan options.

  3. Following the selection of the term options, the documents will be electronically signed, and the funds will be deposited into the account you specified within 72 business hours (excluding federal holidays). If you are in the office, the loan will be approved.


How do you get approved for a tower loan?

To get approved for the company's loan, simply provide everything requested of you, and make sure they meet basic requirements.

Can I apply for a loan online?

Yes, anyone can apply online using our simple application, and some will even be able to complete the entire process online, including electronically signing documents. To apply, click Apply Now, or to learn more, click Learn More.

How long does it take Tower Loan to approve?

It takes only a few hours for the company to approve an application.

What to focus on before applying for a loan with Tower Loan

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between Tower Loan and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Tower Loan’s reviews by September 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
PO Box 10, Parshall, ND 58770
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018