I just read Dales rant on his vendor vault page and WOW is all I can say. He really does think he is somehow the victim of this loan thing. Dale in case you actually read this thread and I am sure you do, YOU are the one constantly bragging about how great your biz is and how your the best pepper vendor in the entire universe and making money hand over fist yet you think your are not required to pay this man back. To start Dale, what you claim to be the facts is simply what you claim (one side of a two sided story). If all that you say was said, prove it, he did. Secondly even if the man REFUSED to take your money, I personally would send the guy a friggen cashiers check made out to him so that he HAD to take it. Why? Because as a decent human being and the owner of a prosperous biz its THE RIGHT THING TO DO. Do you even know right from wrong or are you just so arrogant you don't care?
One other thing stood out...your little thing about
"It has been 28 months since the original loan from Dave to me Dale. I have already paid $1,000 of the loan back. On a $5,000 loan the payment would have been roughly $75/month until the debt was paid off. So lets do some quick math...... That means in order to bring the loan current and UP TO DATE I am required to have already paid $2,100 back to Dave. Well since I have only paid back $1,000, that means i owe him $1,100 to bring it UP TO DATE! So....that's what I'm going to do DAVE! I'm sending you a check for $1,100 next week and then EVERY month after that you will get another check/payment towards the loan balance of $75! PERIOD! More than fair, my attorney told me as such!"
Well Mr. Math man yes let's do some math shall we? We borrowed money from our credit union early on and it just so happens it was $5000 (and no I'm not making that up and yes I can prove it). The loan terms were 3 years and since it is a credit union that I have been part of since I was 18 years old I got a pretty decent interest rate. The loan payments were NOT $75 my man. The payments were $220 per month. So I guess you better go back to the store and return your loan calculator because yours sucks. In case you didn't know this Dale, loans have INTEREST and one can only assume with your analogy above your referring to "loan" as a traditional loan. Dave was nice enough to simply ask for the original amount back and no interest yet you STILL think your somehow the victim here. Amazing.
Point is Dale, YOU not anyone else, have publicly bragged about how much money you make and how prosperous your biz has become. I don't know if that is true or not and don't really care. If it is, that's great and good for you. But if that is truly the case, it's a matter of doing the right thing and paying the man back whether he asked for it or not. It's called being a decent person Dale, you should try it some time.
and word of advise..give the "my lawyer" thing a rest. Another guy you know well loves that phrase and contrary to what either of you think, it doesn't intimidate people, just makes you sound like a dumb ass.