How Does the FDCPA Define "Creditor"?

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David A. Szwak
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Joined: Thu Jul 13, 2006 11:19 pm

How Does the FDCPA Define "Creditor"?

Post by David A. Szwak »

"Creditor" is defined as "any person who offers or extends credit creating a debt or to whom a debt is owed, but such term does not include any person to the extent that he receives an assignment or transfer of debt in default solely for the purpose of facilitating collection of such debt for another." 15 U.S.C. 1692a(4).
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