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creditor



A creditor is a body or person that has a claim on another. Usually a creditor has lent money, goods or services to a borrower under a contract setting out terms for repayment. Repayment is most often for an equivalent property or service together with interest and other charges, though this varies in Sharia Law. Credit (and sometimes stock) can also refer to reputation or trustworthiness.

Joseph Harris - Debt Control Man, Author of Control Your Debt Crisis on Your Own Terms

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Copyright © 2008 Joseph Harris, © S P Publications, © Get Results Books, © Control You Debt Crisis. This copyright material may be used only for strictly personal use unless permission is sought and granted under any terms agreed.

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