Lobel Financial Corporation Reviews

Awful, please do yourself a favor and do not get your car here. I don't even know how this business is legal. They hide information, refuse to give you copies of contract, payments information, Interest. Worse customer service ever. We should get a lawyer and show everything they do, abusers, criminals!!! Every time I check my last and current bill they would never ever match! I supposed to see the last payment totally discounted from the balance but is not. 40 thousand dollars is what I'm finally paying for my car and maybe more.

I was running late on payment due to surgery. I gave them a date so they gave me a payment to catch up. I told them ok but they said they are looking for the car. I’m like, "The payment is coming!!!" They want the car so they can add all these fees for you to pay to get it out of repo!! They don’t work very good with customers. The reviews are other customers with the same issues with them.

This is a bad company don’t trust they steal from you. They have a high interest. They not have a nice customers service and they will make your credit going down. They really trying to steal your money. They don’t pay the car if the car is accident on crash And they will do everything to make your rates up. I hope I can help somebody out there so keep in mind don’t use Lobel.

I financed my first car with them. It ended up being repoed which at the time it is what it is. The car was 1900 and they paid that but charged me like thousands more. They took the car and continued charging interest on the loan. 8 years later I call them asking for a statement, I asked them to settle with me. They flat out refused. They said they won't come to an agreement. They won't tell me what I owe. They said I cannot make payments to them. The representative on the phone flat out told me they will continue charging interest for years and years then come after me. I told her I would file bankruptcy and she said "They will find a way to fight that". Absolutely disgusting practices. Illegal. Fraudulent. Never ever ever go with them. I promise you it's a mistake. 10 years later and they still won't talk to me about the loan. Waiting for the day they try to come after my money and take them to court.

I believe it's time this corporation and its investors get a class action lawsuit for its hired legal department's representation. They fail to respond to consumers' requests for full clarity for any previous debts owed, even though one wants to accept the defaults in which they have accepted and come to an agreement. I have been left waiting on calls, dropped calls, my phone number has been blocked and I have had to call place my phone with a block number. They have stated several time they would send an itemized statements of all payments received on my garnishments, which again I have not argued and accepted, but they have yet to send. All I wanted to know was how much balance was left and they could not produce.

I bought a Challenger scat pack two years ago, I have a five-year loan, but I’m almost paid off already. I pay either $1000 or $2000 each payment rather than my $592.37. I take pictures of every single payoff before I pay it, and after I pay it, and also every confirmed payment. Since I’m almost 2 years over paid off, there should be no money that I owe to Lobel. But since I pay more than my normal amount, it just subtracts the money from the next payment coming up, supposedly, and keeps charging me a late fee over and over and over. I’ve contacted them multiple times and everyone I talk to whether a guy or a girl for one barely speaks English and they are all very rude. They never try to look into my situation. They just tell me that my account is fine. Oh yeah, I know my account is fine but they take money from me every month. It’s weird because I feel like I can’t do anything about it? Who do I call?

Lobel Financial not only has me upside down in my car loan but now has it on my credit that I have a late payment even tho I had contacted them and been approved for a deferment during the month I was unable to make my car payment after being diagnosed with astrocytoma brain cancer. Now it always appears that I am behind in my payments thus damaging my credit. Worst finance company ever!

I have been battling over a year to get an erroneous charge removed. I have sent several proof of declarations. They just keep tacking on late fees and impacting my credit. I just did an article that was published on medium. If this helps anyone raise further awareness of this deceitful company, then that will be great. **

First car loan was with them when I was 19. I’m in my 30s and they still continued to hunt me down for that 5k car. They are so ridiculous, luckily I decided to file bankruptcy and I got rid of them. Never, and I mean never deal with this institution. I don’t care how much you want the car don’t do it.

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 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.

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 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.

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.

My first mistake was signing for a car for an ex who ended up not paying a dime for the car. The initial price of the car was 12,000. My bill is now 22,000. They won’t drop the interest that has accrued. I set up a payment plan and the total price of the car keeps increasing. The staff is not helpful, arrogant and downright mean. The car is worth less than $5,000 but now I am stuck paying the price of a brand new car.

Lobel financed my husband when no one else would. After reading some of the other reviews, I'm shocked we're talking about the same company. There were a few times we were late and/or missed a month entirely and not once were we harassed. Not once did anyone from the company call us about the late/missed payment. I've only had to call the company one time and the customer service guy was super nice and helpful.

I have this company auto loan account. First time make new credit card first time buy car. The car dealership company directly sign up this company because that time my credit report is not good. Every month I pay my payment but sometimes I forget Lobel Financial customer center send me email or message to remind my payment. But this time my payment is one month late me to forget lobel payment. Even customer service too didn’t text me message. Lobel financial app remind section too not work. Then today my credit info come to email. Reason is lobel financial reported me.

I had no issues for three full years with my payments. I have finally reached the month to make my last payment and IRONICALLY they are having issues receiving my payment. The entire staff was unprofessional and I was even hung up on two times. I have made my final payment and after reading all the reviews which I wish I did before purchasing the vehicle, I honestly feel they are trying to create a reason to make more money off of me. Just close my account and send me the title PLEASE.

I am filing chapter 7 bankruptcy and have kept up to date on my loan with them. I mail in my payments thru snail mail and simply called in to inquire if they have received my payment. As soon as the legal dept rep answered the phone, her attitude was TERRIBLE before I even said anything! I asked if my payment was received. She said NO and hung up on me! Mind you, I have been keeping up with my payments and to hang up on a customer...bankrupt or not is TOTALLY unacceptable.

I purchased my first car in Nov. 2018. Lobel was the financing company. My first payment was Due Dec 10th. I made the payment late on Dec 23rd. I received my statement for Jan on Dec 28th stating they received my payment and my next payment was due Jan 10, 2019. Other than that statement I received nothing further saying there was any issues. On Jan 3 I went outside to go to my car to Drive to work and it was gone. I find out it has been repoed. I was completely confused. I called Lobel and tried to find out what was going on, they told me I needed to speak to a specialist but none were available and they would call back by the end of the day. I heard nothing. I called again. Still no answers. This went on for a week before I got to speak to the specialist.

I have had my BMW for 1.3 years and I have had only a small issue at the beginning with the insurance. Yes if you do not send in the proper paperwork from your insurance you will get charged with the insurance fee from Lobel. Which I did get fined but was taken off once I sent in the proper paperwork. If a person is on time with payments and responsible with the money they have been entrusted you should not have a problem. All these people are late on payments or they bought a lemon and don't want their car anymore. That has nothing to do with the finance company. Plus they give you 10 day grace period to pay without fees. I mean come on people you have a high-risk loan they will not play around with non-payments.

I purchased a car financed by Lobel Financial in 2018. I made all of my payments even late payments that kept account current. Lobel took two payments in one month one day after each other from my bank account in August 2018 then stated I did not make the next months payment. I request a payment due date change to Lobel six (6) different times in one year which they agreed to the change with a letter dated January 2019, since refuse to honor the agreement. They claimed I was 40 days behind on payment repossessed my car Monday night 6/17/2019 after Lobel made a phone call to Phantom Towing. After the call in less than one-half hour my car was repossessed.

Currently in Chapter 13 Bankruptcy with Lobel being a listed Debtor. I was involved in a Hit and Run accident on 5/2. Insurance paid claim on 5/16 and made the check out to Lobel and myself. Car repairs completed 5/31. Took check into local branch along with the proper documentation that the car repairs were completed. Lobel applies the Insurance check to the account as a payment. I did not endorse the check or give permission for Lobel to apply the check to my account. The check has to have both signatures to be checked. They are stating it was a mistake however California Branch is blaming Texas Branch and so on.

Never do business with them again. I cannot wait to refinance my car. They have been nothing but hell. I have been up to date on payments but yet they call me every day saying a payment is late and I’m not due till 18th of each month. They keep saying they haven’t got my insurance information... for 3 months now and I have insurance. They keep harassing and calling, adding on fees and adding on things that don’t make any sense at all. I cannot wait to switch someone else. I hate libel and wouldn’t recommend their service at all to anybody. They are scammers for sure.

No good Lobel Financial is garbage. Never ever go back to that waste of money Lobel Financial. My advice to the people thinking of going to Lobel Financial go anywhere else but there. They took my car. Never missed a payment. My last payment of 100 dollars 2 weeks late. They rats took my car. Couldn't get it back because they sold car and said I still owe money. ** Stoopid lop ** rats. So yeah NO GOOD. LOBEL FINANCIAL IS NEVER GOOD. DONT EVEN THINK ABOUT IT. NEVER EVER.

I am tired of sending them proof of my insurance. Has been 3 months now, I gave my info by phone hundreds of times, I emailed them and they will never update my monthly payment. They still want to charge me $100 extra every month. Scammers and worthless.

True scam artist. They will squeeze anything out of you that they can. Illegally repossessed my car then illegally auctioned it off. Now they are avoiding me while trying to stick me with a bill. I'm highly dissatisfied.

Recently I went to pay off my mom's car for her after her husband passed. I called Lobel and they told me I had from Feb 13th to the 15th to pay and it would be $2235. On the 14th I call in to pay, they refuse to let me pay off the entire balance. Saying I have to send in a request in writing and have it mailed them ACROSS COUNTRY by 3 pm PST and the pay off is now $2240 and they Won't take a payment over the phone. I can pay online but only $2,000 and today I call to confirm the remaining amount to pay it off since the price changes daily and what should have been $240 is now $382!!! WHAT THE HELL TYPE OF SCAM ARE THEY GETTING AWAY WITH!!! AVOID AT ALL COSTS!

Good morning, my name is Julio Cesar **. I bought a Ford Fusion 2014 black hybrid titanium, VIN number ** at an agency in Florida in Orlando Myway Auto Group, 1315 W Church St ste: 1-3 and I did the loan at the Lobel bank. Shortly after I had problems with bed bugs in the apartment where I was living. A doctor gave me an award that I could not stay another day in the apartment to worsen my children's health. I went to a hotel, I stayed almost 1 month in the hotel, I checked all my bills, because I was paying 2 rents.

I bought myself a BMW M3 in June of 2017, from a local small dealership here in the Houston area. I had the car for approximately 6,000 miles before the engine blew on the vehicle. What do I mean? The connecting rod from inside the cylinder sheared into two piece and shot out of the bottom of my block... Meaning a hole was created... That's not where I got screwed, the story gets better. I was working for Safelite AutoGlass when this happened (back in January of 2018). 6 months after I got the car, I am faced with a bill for a full engine replacement on a BMW M car, which mind you is not cheap. I called the bank when it happened and informed them the car was IN-OP and that I was going to be a little late on my payments to figure everything out.

I buy a 2007 BMW 650i. After a couple months they start to charge me for the insurance. My car got stolen then the police officers they find my car. They take it to the impound. Lobel send insurance adjuster to look at my car that your adjuster doesn't want to give me an estimate. I was calling every day to Lobel Financial to see what happened with the car and they told me, "Don't get involved in these. The car was 25 days and the impound almost about to lose the car. I get the car out from the impound.