Online Loans
Quick and Easy Loans Online
If you’re looking for a fast way to borrow funds and don’t have time to visit one of our many locations, we offer a convenient process to apply for an online loan. Typically, if you apply within normal business hours, you can expect to hear back within just minutes!
How to Apply for a Loan Online
When we tell new customers that they can apply for our loans online in as little as 10 minutes, we’re often met with a skeptical look, but it’s true! At Tower Loan, we pride ourselves on keeping our application process as straightforward as possible.
Step 1
Start your online loan application here so we can verify your email and obtain some personal, employment, and residential information.
Step 2
Then, after answering 3-4 questions to verify your identity, you will receive an email stating whether you're approved or not.
Step 3
Finally, after speaking with a representative, you'll receive a link to choose your loan terms, enter bank information for the deposit, and sign your documents electronically!
Online 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
What Can an Online Loan Be Used For?
For a simple answer, ANYTHING! In most cases, consumers take out loans when they’re needing to cover unexpected expenses or unforeseen bills. Here are just some ideas to help you get started:
- Home Repairs
- Graduation Bills
- Vacation Expenses
- Auto Repairs
- Consolidate Debt
- Medical Expenses
- Down Payment on a Vehicle
- Wedding or Honeymoon Expenses
- Student Debt
- Miscellaneous Emergencies
Are you ready to apply for a loan online?
We have a range of online loans and borrowing options to choose from.
Have questions?
Contact your nearest Tower Loan location today.
Our dedicated team members are here to serve and help every customer in a professional manner.
Consider Other Types of Loans
Personal Loans
Personal loans apply to a wide range of situations and sudden expenses such as medical bills, expensive electronics, funeral bills, and more. They are also a popular option for people looking to consolidate debt.
Vacation Loans
One of the best installment loan use cases is to go on your personal dream vacation. Life often forces us to delay plans for years because of various circumstances, but with vacation loans, you can enjoy your vacation now and pay off the loan in consistent monthly installments.
Home Improvement Loans
Whether it’s the renovation project you’ve always dreamed of or sudden issues with your home that need to be dealt with immediately, home improvement loans can be a great option allowing you to get started right away.
Our Approach to Credit Checks
- Tailored Solutions: We assess your unique credit history to determine the most suitable loan option for you.
- Flexible Terms: Whether it's extending repayment time or making adjustments, we accommodate diverse financial situations.
- Inclusive Service: We cater to clients with varied credit backgrounds, ensuring access to online loans.
A Worry-Free Repayment Process That Works
- Convenient Repayment: We offer automatic withdrawals from bank accounts to ease payment obligations.
- Control Over Finances: Make lump sum payments anytime, empowering you to better manage your finances.
- Simplified Experience: Our straightforward approach to payment collection complements our hassle-free online loan application process.
Why Thousands of Customers Choose Tower Loan
Tower Loan has been helping customers since 1936 with over 250 locations across 6 states to serve you locally. Since all of our loans have equal installment payments, you can budget appropriately, without the fear of getting lost in revolving debt. We take great pride in providing the best customer service around by carefully listening to your needs and eliminating the worry of obtaining credit.