Creditor.
Creditor. A person who, in the ordinary course of business, lends purchase money or finances the sale of goods or services to consumers on a deferred payment basis; Provided, such person is not acting, for the purposes of a particular transaction, in the capacity of a credit card issuer.
A person who, in the ordinary course of business, lends purchase money or finances the sale of goods or services to consumers on a deferred payment basis;Provided,such person is not acting, for the purposes of a particular transaction, in the capacity of a credit card issuer.
such person is not acting, for the purposes of a particular transaction, in the capacity of a credit card issuer.