Tower Loan Bill Payment and Loan Options, Support & Branches

At times, life can throw unexpected financial challenges at us. When this happens, Tower Loan is there to help.

In this article, we’ll explore the history of Tower Loan, the types of loans they offer, and how to make a payment on your Tower Loan bill.

Tower Loan is a US-based company offering personal loans to residents living in Alabama, Illinois, Louisiana, Mississippi, Missouri, and Texas.

They have been in operation since 1936 and have grown to become one of the nation’s leaders among independent finance companies.

History of Tower Loan

Tower Loan has a rich history, spanning over eight decades of growth, expansion, and acquisitions.

Initial Growth

Tower Loan began in 1936, experiencing prosperity and growth in the budding consumer finance industry.

After World War II, the company was sold to various employees, including Ed and Kate Clark, who expanded Tower Loan from a single office to 16 offices throughout Mississippi.

Expansion and Acquisitions

In 1972, Jack Lee purchased 12 of Ed Clark’s offices, forming two insurance companies to provide credit-related insurance.

Throughout the 1980s and 1990s, Tower Loan continued to grow, acquiring Reliable Finance Company in 1990 and expanding into Louisiana.

By the end of 1992, Tower Loan had 60 offices. Further acquisitions occurred in the late 1990s and early 2000s, including the purchase of Walthall Finance, Money Mart, Inc., and the receivables of Gulfco Finance Company.

Tower Loan Today

In recent years, Tower Loan has continued to expand, with operations now in Missouri, Illinois, Alabama, and Texas.

In 2018, the company made its largest acquisition, Harrison Finance Company, and expanded into Texas in 2021.

Tower Loan has remained resilient and prosperous despite high-interest rates, recessions, government regulations, and difficult litigation environments.

Tower Loan Bill Payment

When it comes time to pay your Tower Loan bill, there are several convenient options available.

Online Payment Portal

Tower Loan’s Online Payment Portal allows you to make payments quickly and securely.

To access your account, you’ll need to provide your first and last name, date of birth, last four digits of your SSN, and your account number.

Online Payment Link

Payments received after 7:00 pm CDT will be credited on the following business day. If you have any issues accessing your account, you can contact your local branch for assistance.

Payment through Branch

If you prefer to make a payment in person, you can visit your local Tower Loan branch. To find a branch near you, go to www.towerloan.com, click on “More,” then “Branch Locations,” and enter your address.

You can also call your local branch to verify the information needed to access your account.

ONLINE BILL PAYMENT

Types of Loans Offered by Tower Loan

Tower Loan offers a variety of loan options to cater to the diverse needs of their customers. Here’s an overview of the types of loans they provide:

Online Loans

These loans are designed for those who need quick access to funds. The online application process is fast and efficient, making it a convenient way to borrow money.

Personal Loans

Personal loans allow borrowers to receive a lump sum of money for various purposes, such as debt consolidation, major purchases, or other financial needs.

Installment Loans

Installment loans are a great option for those who need to cover medical bills, car repairs, or other urgent expenses. These loans come with fixed interest rates and repayment terms, providing predictability and stability throughout the loan’s life.

Vacation Loans

When you’re ready to take your dream vacation but need some extra funds, Tower Loan’s vacation loans can help make your travel plans a reality.

Home Improvement Loans

For homeowners looking to renovate or make upgrades to their property, Tower Loan’s home improvement loans provide the necessary funds to turn dreams into reality, increasing the value and comfort of your home.

Each of these loans is designed to cater to specific financial needs, making Tower Loan a versatile and reliable lending partner for a wide range of borrowers.

Frequently Asked Questions

Here go some Frequently Asked Questions about tower loan.

Branch Phone Number

Mississippi Branches

Here go the contact number of Mississippi Branches

Texas

Here go the customer service number for Texas