### Question
How is the term creditor defined?


### Answer
The term **creditor** is defined in *15 U.S.C. § 1692a* as the following:

> 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 a debt in default solely for the purpose of facilitating collection of such debt for another

#### Citation:
  - *15 U.S.C. § 1692a*
  - Heading: **CHAPTER 40-DEPARTMENT OF COMMERCE > SUBCHAPTER V-DEBT COLLECTION PRACTICES**

