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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 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.

  • The basic information required to identify a debt would include: Creditor name;Debt collection agency details if applicable; Debt purchaser details if applicable;Address of creditor or debt purchaser or debt collection agency; Original creditor details if the debt is now with a debt collection agency; Balance owed;Whether liability for the debt is sole or in joint names.

  • Original creditor (company in whose name the claim arose (in the event of assignment, purchase of receivables), company name and, if applicable, web address).[integer]catalogReasonOptional.

  • A private developer may choose either to provide artwork on the project site with a budget of 70% of the one percent fee for art or to contribute one percent of the total construction costs to the city's art impact fund.


More Definitions of Original creditor

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, 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 a Person which offers or extends credit creating a Consumer Debt or to which a debt was owed prior to default.
Original creditor means a person, business, financial institution, governmental entity, or other commercial entity, including each's parents, subsidiaries, or successors in interest by name change, merger, acquisition of substantially all of each entity's assets or stock, or operation of law, that owned the consumer credit account on the date of default or on the date of charge off that gave rise to the cause of action.
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 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 person or entity first owed the debt.