My husband and I went to the dealership to see if we could get a car financed. We had $4500 for a down payment and they put us into a car that I loved. They called me back to return the car because they couldn't get us financed for that car, no big deal. So we didn't see anything that we liked and asked for our deposit back so we could go elsewhere. They insisted on getting us into that car. They were finally able to get us financed with Lobel Financial. Lobel called us about a month later to verify the validity of our income documents. It was at that point that we had discovered that the dealership had made false/fraudulent pay stubs for my husband, who didn't have a job. They just made up fake pay stubs so that we would qualify to be financed through Lobel. So once we found this out from Lobel, we asked if they would let us cancel the contract and return the vehicle to the dealership since the contract was accepted based on falsified documents provided by the dealership. They told us No. The reason, because we had both ( Us & Lobel) already signed the contract so they wouldn't let us out of it. Well, this was in Nov 2010 ( we had taken possession of the vehicle in Oct 2010). I had made my scheduled payments and had fallen behind on one month in June. I had called them to make some type of payment arrangement and they were fine with the arrangement, from what they told me. The day after I called them with the payment arrangement, they repossessed the car. I wasn't even 45 days late. The repo people who came and got the car were very nice and apparently they had once been financed by Lobel, and they also had their vehicle repossessed by them, they were only 2 days late on their payment. They had also called, it seemed like everyone on the face of the earth. Even people who were not references on our application/contract were getting phone calls from them. They would apparently ask if the reference person knew how to reach us and then would just hang up. I don't think this business is very ethical in their dealings with applicants/borrowers. They wouldn't let us out of our contract, even knowing that the dealership falsified our income documents. They aren't in the financing business, they are in the business of repossession.

WARNING TELL EVERYONE DON"T DO BUSINESS WITH LOBEL FINANCIAL. THEY ARE EVIL PEOPLE. The company Lobel Financial takes away your rights as a consumer. They make up lies and continue to twist them, to make it your fault. They feel they are always in the right, and that no one can touch them. They told me that I stole my car after sending a change of address as a P.O.Box as my new address. They said you don't live in a box. I sent a P.O.Box only because of construction work in my apartment. I got moved to another apartment temporiarly. I sent them my insurance information with my physical address using my family member address. They took my car because I live in a P.O.Box. If I did live in a P.O. Box how did you know where my physical address was unless you received my proof of insurance card.
This is an evil company, and not only are they hurting the consumer, they are also ripping off dealers who try to do business with them. I hope someone who can investigate this company and catch them! Bring this corporation down!. They should have no creditability whatsoever for anything that they say or do. Don't let them entice you into believing they are here to help you. They are here to ruin your life.

I had no idea that lobel financial was so awful. From the time that I brought my car I have ran into some money issues and I have spoken with vast of their reps, I am always 1 month behind last time I paid my car note, I was told that, I could get an extension and after I paid it they told me that they don’t grant extension for hardship after I posted my payment, they call my job even when I tell them that I will be in to pay on my account we make an agreement and they still call, my job is tired of their calls where now they tell them that I was transfer out to a different location so they can stop calling.

Is there anything that can be done. If you ever need a car and have bad credit like I do just go to drive time. I hear they are way better I wished I would of went with them instead of lobel financial.

I have had a similar situation with Lobel. I made payments on time, even paid $40 extra each month. I was originally told my finance payment plan was to last 18months. In no way was that true after all their fees.
In May i was hit by a car while riding my bicycle on a beautiful Saturday afternoon. Being a commissioned sales person, and recently injured I notified them of my situation and asked if they could work out some sort of arrangement. The customer service staff was very rude and basically told me to pay what i owed them or I would be in worse shape then being layed up in the hospital. I only had the car for 16months and had so many mechanical issues. After paying for several repairs to keep the car running and by spending time in the hospital i was behind on my payment by 23 days, they repossed my car without any remorse. I again tried to work another arrangement out and they again basically told me to shove it. I got a summons stating I had 30 calendar days to file a response. All because of a bad few months my financial life is ruined now. I have obtained a bankruptcy lawyer to help with this matter. The 30days have passed and I am concerned they are going to garnish my wages or my bank account, can they do this even though i am filing for a BK? Do i need to pull all my money out of my bank ASAP?

I purchased a car, and was assigned to Lebel Financial. I started making payments, and would always send an extra$50 on my bill. As time passed, we ran into a financial bind, and we were behind 1 payment. I call the customer service dept, and they were willing to allow me to catch up. I still made my monthly payment on time, and would send the extra $50 to offset the payment I was behind. I call them on Tues to ask for my balance, which is $1000. I told them I would call them back next week to make a payment over the phone, as I always did. My husband and I were going to decide to pay off the loan, or just send$500. Now, I still have time to make my regular monthly payment ($274 per month due on the 14th of the month). So when I called it was the 11th. Anyway, tell me why the repo man came to my house on Sunday at 1:30 am to take my car? I'm so mad! The girls that work in the office are very rude and insensitive. They told me o'well, thats what happens when you don't pay your bill. Are they serious?! They wouldn't even let me please my case. They basically took my car for being behind 1 payment of$250. Now I have to pay all these fees. Do they really need my little $300 in repo fees? I feel my car should not of been repossed. There shady, and very very rude! plus, you have to leave a voicemail to speak to a manager!!!