About Lobel Financial Corporation
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I put every penny I had saved down on a used 2012 gmc acadia slt with a one of kind trim and was so proud of myself. Then the pandemic hit and like most I struggled a bit but kept up with my payments. The morning of my birthday as I get ready for work I go to warm up my car and I didn't hear anything and when I went outside my car was gone! I was that if I wanted it back I need to pay $2000 for a payment that I missed a year ago! WTF a year ago are you kidding me! That's bogus. Lobel had the balls to turn around and sell my car for 3000$ while still registered in my name and move it out of state and is now being sold for 18,000 when I got it for 14000. Lobel sucker punches folks, steals back their cars, washes the titles and gets rid of them.
I feel bad for whoever is dumb to buy my car. The transmission is going is going out and it was in an accident one week prior to being taken. Also what happened to the brand new Pirelli tires I spent 2000 on? Did the repo guy steal them? You as a bank made my first experience a nightmare. I hate you for and my birthdays from here out will forever be a reminder of just how you get off on stealing from people. I've got a good case against you including a few lawyers with issues like mine and were coming after you. You can't do this to people and think you can keep getting away with it. We're not that stupid and I'm most definitely not.
I purchased a 2007 Mercedes. First off it was only worth 10,000. They charged me 23,000 for this car with $7000 down payment. The car broke down some months later. Cost me 1000's in repairs so they reported the car not running and sued me when I paid all my monthly payments on Time and put $7000 down. They have the car that was trash from the beginning and still try to file a lawsuit and post it all over the internet which this car was taking off me in a divorce battle. I won so they will be hearing from my attorney with this fat lawsuit.
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They don't see me on payday … On their website I can't log in to pay …. Never got it. Only when defeated they turn on …. are super rude to customers …. My account number never works on the page. I'm already regretting having bought this bank.
I financed a car from this company, it was my first car at that time. It turned out to be trash. I was young. I didn’t have the knowledge that I have today. The first day that I drove the car back home the check engine light came on. I couldn’t drive the car a lot. I called the dealer. They weren’t helpful. I called Lobel. They were very unprofessional. There was always weird noise in the background (people laughing). They are scammers. Please don’t ever trust this “company.” It’s TRASH!!!! The car started to leak oil after 2 weeks of purchasing the car. Also it had a problem with the engine. I have proof because I took it to a professional BMW dealership.
I financed a car from this company, my first car at that. It turned out to be a lemon. I was able to drive the car about 20% of the time I had it. Lobel just shrugged it off. Mind you I had problems the first month after getting the car. I should’ve known something was up when the dealer was as able to call someone at Lobel and get my application to go through because it was denying me at first. I called them numerous times to try and work something out but they didn’t care. The car was worth about $2000-$3000 at the most but was sold to me for $6000.
Once I did the voluntary repossession, the car sold for a measly $1600 or somewhere around there. Not to mention the repairs (yes I tried to get it fixed before the repossession), were estimated to be around $5000. That didn’t include 1 other expensive fix that they couldn’t figure out. It was a diesel vehicle so fixing it was an expensive headache. I wish I had never done business with that car lot and this predatory loan company.
Once again I make a payment 1 week early and I am still being told I am past due. Lobel Financial keeps charging me late fees even though I pay a week early every month. They have already reflected my credit score negative 51 points and it keeps getting worse every time I make a payment. Customer service is horrible. I ask customer service reps to put notes on my account on the date I make my payments and they never do.
NOBODY SHOULD TRUST LOBEL FINANCIAL!!!! They will only lie and steal from you. I have filed complaints with the BBB and a customer rep calls and asks me to retract my statements so they can help me resolve my issue. What a joke. They do not care they are ruining peoples credit scores. I was pushed out of buying a home because they lied about late payments on my account. We need to stand together and put a stop to this. Please comment on this review if you are willing to assist in getting an attorney to put an end to Lobel Financial's lies. Legal action must be taken or they will just keep stealing from and lying to people in need.
Hi Guys. Beware of Lobel Financial stealing debit card information i.e data breach. I paid My payment over phone, next day my debit card info was leaked. I talk to lobel customer service and they said they will take an action, they did nothing and called next day ask me to claim from bank. I cancelled my debit card and filed complaint in Wells Fargo bank and I mention the information was leaked from Lobel financial. Lobel is not a right company. Lots of black sheet works and stealing our monies.
Absolutely the worst lending agency in the industry... I sold new cars for Chevrolet for 3 years and never have I encountered such rude, dishonest customer service reps... And when you asked for a supervisor they say there's not one .... I would not recommend Lobel to any of my car clients...I'll be posting to BirdEye, BBB, Facebook, Instagram, every day until this matter is resolved..!!
I recently purchased a vehicle and had a choice of finance company. But should have done my research first because not only are they rude but they charge you a fee to make payments no matter how you pay.
I was financed my Mustang through Lobel Financial in March 2018, never missed a payment, always paid more than the minimum and paid off my car in Feb. 2020, they closed my account and it shows on my credit report. I received my title from the DMV at the end of March. I never had a problem with Lobel such as the stories I read. My recommendation is to just make your payment on time, I paid online and tracked all of my payments. The only downfall is the monthly additional $5 charge for making online payments. I guess I’ve been fortunate to deal with good employees when I have any inquiries.
Lobel Financial Corporation Company Information
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- Lobel Financial Corporation
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