Consumer complaint received 2021-06-12
Company: LOBEL FINANCIAL CORPORATION
State: CA
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Getting a loan or lease
Sub-issue: Fraudulent loan

Complaint:
Hello sir, This is XXXX XXXX. I bought a vehicle XXXX XXXX in XXXX  from XXXX XXXX XXXX  XXXX XXXX XXXX. And sir I paid XXXX down payment and when they connected me to the lady from Lobel financial she asked me you putting XXXX down and $ XXXX monthly instalment I said yes. But sir how they committed fraud with me as XXXX auto sale didnt count my XXXX down payment in load and I paid one year installments on time. Then one day I was counting loan and when I got to know that I still have all loan the credit as it is standing even paid one year {$370.00} installments and XXXX down. So I called dealership they just said you was first time borrower and no one giving you car so that XXXX is out fees. I was shocked as I was a just new to United States that time and I didnt know how to deal now. Then they took my car when I keep asking where is my down payment and I paid XXXX, to get my car back and even after XXXX months they lobel financial took car again and I dont what they did sold it or auction as I never got abh notice or informing letter. As they did commuted fraud together as when I ejent to buy car the lady talked with me from loble and said you putting this much down rest loan and then nothing counted as down payment XXXX  amount they count. Then sir they took car sold it and sent me court orders to pay. It was till now a crying moment for me how they did fraud and put me in trouble and took my all money even one year installments and took car once I paid XXXX to get back then again took it. And then I conplaing agajnsg them tk FTC last year and after complaining they took account closed from credit report. Today they went to my work place with police that I owed XXXX to them. Sir I dont know what to do as they went there and give paper to employer to took my wages I earn and worked month and when ejent to get pay my employer hand me over notice to stop pay and didnt pay me anything as said solve with them otherwise I have to stop wages and paid. Month hard work and get XXXX amount in pay and j dont know from where will pay rent and get food after this. As from that fraud I didnt even dare to get me a vehicle after as how badly it impacted me that I cant have courage to get vehicle as how bad that experience was and still till today. They never sent me notice as what they did with vehicle and took me everything whatever was in car my personal belongings j never get anything back my XXXX down payment they took one year instalments XXXX XXXX month paid for year and when first they took car after I was asking them to give me proof of my downpaymnet I paid XXXX tk get back vehicle XXXX  took again and sold it. And today sent me court notice. I dont know what to do now as Im the victim of their XXXX  crime and they put me in hold as stopped my wages. Im scared as police came with them and as responsible citizen its hard to get when you r innocent and police came to your work place as all my reportation came as wrong person in front of everyone at my work. And received XXXX amount in pay even month hard work and XXXX in hand stressing how tk pay rent bill food. Its like crying and no one hear. Please sir help me theh already took everything from me and now giving me like XXXX moment as theh committed XXXX  crime together. I dont have anything now even XXXX in bank as was rely on paycheck and now they stopped and I cant do anything. I beg you please help me then already me ruined me and again they are doing same even when I complaint tk FTC last year after that they took off from credit report and today again theh started harassing me this way with police. I dont want to go jail even when I Im victim and they are powerful with lot of money and I cant survive front of those powerful people with so much money. Im just ruined by them kind of already that's why I didnt buy a vehicle after XXXX  and going to work on XXXX  or XXXX XXXX. Please sir its my humble request help me and save me from their fraud. Otherwise they will ruin me again

Company response to consumer: Closed with explanation