The lesson here is that if you're being manipulated, forced, or tricked into doing something, that "something" is rarely going to work out for your benefit.
How many lenders posted here drivel like, "Let's give Amsher a chance" and "It can't be any worse than Penncro" and "They can have 17% if they can get a payment" and "Well, I didn't like the way they went about it, but..."
Someone who doesn't respect your freedom to choose and past agreements isn't going to respect anything about you; he is not your friend and you are a fool to believe his promises.