Tower Loan operates as a consumer lending organization with a regional footprint in Illinois, including Peoria. The company traces its roots to a mid-20th century model of installment-based lending, evolving over decades to serve individuals seeking personal loan products. Its network historically emphasizes local storefronts and branch-based service to facilitate loan applications, documentation, and repayment arrangements. Primary functions include processing installment loans and related financial services for individuals, with emphasis on accessible, straightforward financing solutions. The organization has established a multi-branch presence within Illinois, aligning its operations to serve customers across the state through in-person and ancillary online processes. Operational scope encompasses loan origination, documentation, underwriting, funding, and ongoing customer support tied to installment credit arrangements. The Peoria location at 7501 N University St Ste 118 functions as a local point of contact within this broader framework, contributing to the company’s statewide service network.
Better than 43% of providers in Peoria
In addition to the primary service, Tower Loan also offers:
Links and information about Tower Loan:
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www.towerloan.comRegular, high quality content About us page (with information on the two of us, (including pictures etc) Contact us page Any necessary legal pages (terms of service, privacy policy, disclaimer etc.) Active social media accounts Consistent branding throughout the website and social media Both our employers (banks) have blogs and we plan to ask if we can write guest posts to try and slowly try and build up backlinks to our website.
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Find answers to common questions
Tower Loan is listed as a financial service provider in Peoria, IL and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Tower Loan to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Tower Loan, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Tower Loan with other providers in Peoria and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Tower Loan has a rating of 4.3, which is better than 43% of providers in Peoria.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Tower Loan requests. It is always best to call ahead using the phone number on this page so Tower Loan can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Tower Loan also offers: Loan agency, Financial institution.