In November of I was given an oportunity that was to good to be true. I should have known that the price for my participation in this matter would be high.
I was offered a loan by Mr. Rutledge, who resides in Chandler, AZ. He told me that he had $50,000.00 to lend and he wanted me to have the first crack at the loan. Well, I borrowed $10,500.00 from him before and paid it off before the due date, actually a year ahead of time. I thought great! This would help me a lot and I can get a house and pay some of my past debts.
By the time I excepted the loan, There was only $40,000 to borrow. So we agreed that I would borrow $40,000.00 and pay it back in 20 years, with a charge of $20,000.00 for him lending me the money. He told me I could pay $250.00 a month and after 13 years I would begin to pay the $20,000.00. Well, I have been paying the $250.00 a month and now he is saying he never gave me the money and he is taking me to court. I spoke to Mr. Rutledge in November1, and he told me that the only reason he is suing me, is because he is mad at me and he needs the money.
I don't think I have a problem when I go to the hearing, but he has put me through a lot of stress. I have documents and papers that show what we did, but his lawyer is trying to say I took advantage of him because he is handicaped. He is not handicaped, to where he doesn't know what he is saying, or doing!
He has lied to the government and I found out and reported him, so he is getting me back for telling on him. Well I am sorry, but I don't cheat anyone!!!
Now Mr. Rutledge's lawyer wants to charge me $800.00 a month and 10% interest on the loan. I am sorry but a deal is a deal!!!
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