Tower Loan in Columbia, Missouri

Shady. I got a loan for some furniture. 0% interest. I sent a large check and paid off the full amount. After a couple months I got a call saying they noticed I hadn't made a payment. I told them I had sent a check and it was paid off. After a week of investigating, and me calling them back, they said they applied it to someone else's account. They told me I would get a statement claiming it was paid off. Never got it and now someone keeps calling me trying to promote and get me to borrow more money. All these bad reviews should file a report with the attorney general's office.

Used them by default through some furniture store. Everything was typical until I went in to pay off remaining balance. I was still in the interest free period. An employee who seemed like a manager type tried to give me the most bizarre advice. “You really shouldn’t pay off the ENTIRE amount. You should leave one penny until just before grace cutoff. This will look better on your credit.” I thought he was joking at first. He was not. So yeah, I decided to decline and pay off in full rather than forget to pay a penny and then get hit with all of the interest. What a crook. I wonder if anyone has actually fallen for this. Now they call me randomly asking if I want a loan even thought I have told them not to. I guess I’d better make this one star. Edit: I just read the other reviews that highlight the large manager guy’s brilliant credit counseling advice. You should be ashamed of yourself, sir. If you need to use tactics like these, you’re in the wrong line of work.

We have no account with this company, yet they keep calling and harassing family members. They won’t give any information, yet they say they need to speak to us. I wouldn’t do business with them if they were the only loan company available. Scammers!

I applied for a loan at this location and the manager Mr. Hair approved my loan! I’ve never done business with Tower Loan before, but the application process was a breeze, and James was so nice! I read the views, and I’m beside myself because I don’t see how anyone could have something negative to say? He explained everything to me in detail, and made sure that I was happy with my loan. I guess it goes to show, only the people with issues leave reviews! So hopefully this will serve someone right! Tower Loan was right there when I needed them. Thank you Mr. Hair, and staff! Lisa

I purchased a stove from a local appliance store that gave a 0% financing incentive. It turned out that tower loan would be providing the financing. They have contacted me at least several times asking whether I would like more cash for various purposes, and every time I tell them to take me off their call list. They continue to call me, despite my repeated requests to be taken off of their marketing list. Additionally, they have told me that there are no notes on my account indicating my request to not receive telephone calls from them. I will not be using this company for any financing in the future, even if it is 0%. If they can't be trusted to keep track of who doesn't want phone calls, they can't be trusted to keep track of money. Update: After paying off the loan early, they still haven't sent me documentation saying my loan is paid in full. I called them several weeks after paying it off, and they said they would send me something saying I was paid in full. Its been a week or so, and I haven't received payoff documentation.