asked

Someone lent me $15000 and he wants it paid in full right away. There were no agreements before, nothing signed. I have been paying the loan, so far I paid $5500 on $500 every month. He asked me to get a loan in a credit union, but I disagree because the interest fee there (15.50%) is too high for me. So he said he wants to sue me through Small Claims Court. My question is, how are my chances to win the case? I still going to pay $500. And I will not pay any interest (he wants to apply interest on the rest of the money I haven’t paid.)

March 26th, 2023

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