Tower Loan is a rip-off loan sharking company. I financed appliances years ago through a local appliance dealer. Little did I know that Tower Loan actually was the financer. For years now, I have received pseudo checks made out to me from this company. The accompanying letter stated that all I needed to do was cash the check for a world of happiness! I called Tower Loan and asked that my name be removed from their mailing list and was assured by the woman who answered the phone that she would take care of it.
I do not want my name on checks floating around in the mail that someone could possibly cash! Tower Loan is still sending checks made payable to me and has not complied with my request.
If you get such a check in the mail from Tower Loan, shredd it immediately and do not do business with these sharks.