Original creditor definition

Original creditor means the private education lender identified
Original creditor means the last entity that extended credit to a consumer to purchase goods or services, to lease goods or as a loan of moneys.
Original creditor means the private education lender identified in a promissory note, loan agreement, or loan contract entered into with a student loan borrower or cosigner.

Examples of Original creditor in a sentence

  • Original creditor means the financial institution that owned the consumer credit account at the time the account was charged off, even if that financial institution did not originate the account.

  • Original creditor" means the private education lender identified in a promissory note, loan agreement or loan contract entered into with a private education loan borrower or cosigner.[PL 2021, c.

  • Original creditor" means the lender, provider, or other person to whom a consumer originally was alleged to owe money pursuant to a consumer transaction.

  • Here are the details: Current creditor: LVNV Funding LLC Original creditor: Credit One Bank, N.A. Balance due: $683.52Original creditor account ending in: 9271 (Doc.

  • Record information from credit report prior to interviewCollection agency Original creditor Original amount BalanceDate of last reporta.


More Definitions of Original creditor

Original creditor means the person, business, financial institution or commercial entity that had the original contractual agreement with a cardholder on a credit card account or an instrument evidencing outstanding debt;
Original creditor means, collectively, Partners for Growth IV L.P. and Partners for Growth V L.P.
Original creditor means any person or such person’s successor in interest by way of merger, acquisition, or otherwise, who extends credit creating a debt.
Original creditor means a Person which offers or extends credit creating a Consumer Debt or to which a debt was owed prior to default.
Original creditor means the name of the original credit grantor as reflected in the K1 Segment in Metro 2 and shall be construed consistent with the Credit Reporting Resource Guide.
Original creditor means the creditor that makes or arranges a consumer finance agreement with a consumer and to which the finance agreement is initially payable. "Original creditor" does not include any assignee of the finance agreement.
Original creditor means the person or entity first owed the debt.