Lobel FinancialLate fees

This review was posted by
a verified customer
Verified customer

I had a loan (at 22% apr) which I just made the last payment on in August 2011. Now I get a letter from them informing me that here is still a $43.85 balance do and my title wi8ll not be released until that balance "which will increase over time" is paid. The $43.85 was for for three late payments made over the thirty month load period. Despitethe fact that I paid 10 and 12 days in advance on the other 27 months makes no difference to them. And in those 30 months I have been unemployed for the last 17 and still managed to make my payments. I explained to them I recently had to undergo major surgery, my medical bills are overwhelming yet they still are demanding I pay the balance of overdue fees. This company is as about unethical as they come.

Post your comment

    By clicking Submit you are agreeing to the Complaints Board’s Terms and Conditions


    Unhappy consumers gather online at Complaintsboard.com and have already logged thousands of complaints.
    If you see dozens of complaints about a certain company on ComplaintsBoard, walk away.
    One of the largest consumer sites online. Posting here your concerns means good exposure for your issues.
    A consumer site aimed at exposing unethical companies and business practices.
    ComplaintsBoard is a good source for product and company gripes from especially dissatisfied people.
    You'll definitely get some directions on how customer service can best solve your problem.
    Do a little research on the seller. Visit consumer complaint websites like ComplaintsBoard.